Robert Hoban, M&A attorney of Clark Hill, was a panelist on “Financial Innovation: Creative Ways To Improve Your Business” at Benzinga’s Cannabis Conference. The panel chronologically covered developing a company: starting a cannabis company, running the company, and then evaluating risk management.
Currently, cannabis companies are not able to file for bankruptcy until the industry is given a different schedule. Hoban talked about how until there is a rescheduling, companies that are coming into some trouble can take advantage of receiverships.
Interested in learning more about the Benzinga Cannabis Capital Conference? Get more information here.
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