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Can Cannabis Companies File Bankruptcy? The New Chapter 15 Roadmap

Have the doors to U.S. Bankruptcy courts finally swung open to cannabis companies?  Perhaps, but still in only very limited circumstances involving a foreign debtor. Nonetheless, Judge Brendan Shannon’s recent order granting recognition of a Canadian insolvency proceeding [1] filed by a cannabis company is the first crack in the door that many bankruptcy professionals...... Continue Reading

May 2026 | Blog

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