[Webinar] Restructuring Options in Cannabis: Receiverships

Jan 23, 2023

Businesses looking to reduce or eliminate debts and return to profitability may choose to declare bankruptcy. However, until federal law changes, plant-touching and ancillary cannabis businesses cannot access federal bankruptcy courts. Instead, cannabis companies facing insolvency must use state receiverships or out-of-court workouts to restructure an insolvent business. But what does that mean, and what is the right choice for your business?

Join us for a live session on Thursday, February 16 at 12 p.m. MT / 2 p.m. ET for a discussion on the practical issues around the receivership of cannabis companies.

Topics of discussion include:

  • Why care about receivership? Understanding the context of the cannabis industry and why a business would consider receivership 

  • Receivership process: how a receiver gets appointed, and the typical timeline of a receivership 

  • Considerations around the selection of a receiver and qualifications to run a cannabis business 

  • Role of a receiver and unique issues in the cannabis industry 

  • State-by-state cannabis licensing issues with respect to receivership 

  • What does success look like in the receivership context?

You’ll hear from:

Register here!

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