Tools to Keep Cannabis Companies From Crashing in Oversaturated Markets March 16, 2023 Steven Schain News & Insights 0 Comments By Steven Schain Facing rising interest rates making capital even pricier, coupled with a highly saturated market competing for a limited customer base beset by plummeting prices and diminishing profit margins, it’s unclear whether Skymint will be liquidated or reorganized… Read More→
Cannabis Financial Hardship Solutions: Workouts, Receiverships, and Assignments for the Benefit of Creditors April 7, 2020 Steven Schain Policy & Legal 0 Comments With zilch in the till and creditors crashing through the door, what’s a respectable Cannabis business to do? Although federal bankruptcy protection is presently unavailable, Marijuana Related Businesses ("MRBs”) may obtain financial distress relief via “workouts” or state law receiverships or assignments… Read More→