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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Cannabis rescheduling seems to be right around the corner
Want to understand what this means for the future of the industry? Hear directly for top executives, investors and policymakers at the 19th Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9. Get your tickets now before prices surge by following this link.