Seyfarth Shaw: Blog Post – U.S. Trustee Issues Warning to ALL Participants in the Cannabis Industry: Bankruptcy Relief May Not be Available, So Don’t Let Your Profits Go Up in Smoke

Seyfarth Shaw: Blog Post – U.S. Trustee Issues Warning to ALL Participants in the Cannabis Industry: Bankruptcy Relief May Not be Available, So Don’t Let Your Profits Go Up in Smoke

The cannabis industry is forecasted to enjoy billions in sales revenue over the coming years; however, a certain percentage of businesses – even in growing industries like cannabis– always fail or need restructuring. The cannabis industry in particular is vulnerable to an uncertain regulatory environment that may impact a business’s ability to grow and satisfy creditors.

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