The legalization of marijuana and the Bankruptcy Code continue to proceed on a crash course. A majority of states have legalized marijuana for medical use, and a growing number have legalized recreational use as well. As a result, the industry is rapidly expanding – national sales in legal markets have increased 34 percent in 2018 to $10.8 billion.
USA, Minnesota, Insolvency & Restructuring, Product Regulation & Liability, Fredrikson & Byron PA, Debtor, Cannabis, Title 11 of the US Code, Controlled Substances Act 1971 (USA)