When Financial Trouble Hits: The Bankruptcy Barrier Facing Cannabis Companies
Cannabis businesses face a unique challenge that most other industries never have to think about: they can't file for bankruptcy. While this might seem like a technical legal issue, it creates serious real-world problems for business owners, employees, and investors when financial difficulties arise.
U.S. Cannabis Sales Hit $30.1 Billion in 2024 Despite Job Cuts
U.S. cannabis shops sold $30.1 billion of legal cannabis in 2024. This marks a 4.5% rise from last year, based on the new Vangst Jobs Report with Whitney Economics.
The Truth About Federal Cannabis Legalization: 8 Myths Busted
As a cannabis lawyer, I often hear business owners talk about what they think will happen when federal legalization comes. Many base key business choices on these beliefs. But are these ideas correct? Let's look at the top myths about federal legalization and what you should really expect.
The Business Divorce – When Business Partnerships Unravel
I regularly meet with entrepreneurs who are struggling to disentangle themselves from business partnerships they entered with great enthusiasm but minimal legal forethought. The pattern is remarkably consistent: ambitious individuals launch ventures together based on verbal agreements or minimal documentation, only to find themselves trapped in complicated legal relationships when disagreements inevitably arise.