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Under current California law, cannabis licensees are not permitted to “transport or distribute, or cause to be transported or distributed, cannabis or cannabis products outside the state, unless authorized by federal law.” [1]  Federal law, of course, also does not permit interstate transfer of cannabis.  As the judge told Johnny Depp’s…

Continue Reading Crossing The Line: California Looks to Permit Interstate Transfer and Distribution of Cannabis
Featured Podcast Episode

Cannabis and Bankruptcy, Ep. 3: Considerations for Lenders

Starting a cannabis business is often discussed, but maintaining a business, particularly during a downturn in the industry, is a completely different ballgame. Pockets of the cannabis industry are experiencing financial distress, and this is generating fear and concern for marijuana licensees as well as their financiers and creditors.

In the third installment in our three-part series: “Exploring Issues in Cannabis and Bankruptcy,” we explore what the two recent decisions in Blumsack and Hacienda mean for creditors in the cannabis industry and also what rights are available to lenders and marijuana financiers in the bankruptcy context.