Tag: bankruptcy

MedMen

MedMen Files for Bankruptcy

The once prominent cannabis company has now entered receivership, and its assets and operations will be dissolved.

What Happens When Pot Company Goes Belly Up?

What Happens When A Pot Company Goes Belly Up?

Cannabis companies have no banking protections under the law, which exposes the quarter of a million people who work in the industry to an endlessly confusing, inconvenient and, often, dangerous legal situation. Now, the question of bankruptcy, available to just about all businesses and individuals in the land, has arisen. The Portland Mercury asked a pot lawyer who said bankruptcy

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