In this two-part series Husch Blackwell attorneys Yuefan Wang and Brent Salmons discuss what options are out there for cannabis companies in financial trouble.
Ahead of the Seed to Sale Safety Workshop at the CQC this October, Joel Chappelle shares his thoughts on the importance of promoting consumer safety through industry education and collaboration in developing uniform safety standards.
Check out sessions from the 2023 Cannabis Supply Chain Virtual Conference like: Cannabis Packaging Solutions: Navigating Regulations, Quality & Environmental Impact; Automation Unleashed: Revolutionizing the Cannabis Industry Value Chain; and Optimizing Your Cash Handling through Automation, Analytics & Reporting.
When strategically combined, real estate, finance, community support, industry experience and your team can significantly increase your chances of success.
While it will definitely take time to apply for the Equity Fee Waiver, the savings in zeroed-out license fees can certainly make it worthwhile. Qualifying for the waiver makes a business eligible for other state equity tax advantages too.
In a press release, the FDA and the FTC announced they have sent out six warning letters to companies for illegally selling copycat food products that contain Delta-8 THC.
Without federal legalization, bankruptcy protection is not a viable option for struggling cannabis businesses. However, not all is lost because state receiverships offer an excellent restructuring option for distressed cannabis operations.
Part 1 covered the news and the basics of the legislation. Part 2 dives into what you need to know before starting a business in the state.
The state legalized adult use cannabis on May 30. What’s in store for its cannabis-loving citizens and those Minnesotans who want to open a cannabis business?
The contentious bill, nicknamed “The Cannabis Credit Protection Act,” would require licensees to pay for goods sold no later than 15 days after the invoice is due. Supporters say it will help prevent a ballooning debt bubble in the industry and opponents say it is ripe for abuse.