News & Analysis as of

Economic Downturn Cannabis-Related Businesses (CRBs)

Perkins Coie

Distressed Cannabis: Growing Room for Bankruptcy in Ninth Circuit

Perkins Coie on

Tough economic conditions are leaving cannabis businesses with fewer financing and transaction options. Chapter 11 bankruptcy, a tool which many businesses have used to reorganize or liquidate, has historically been...more

Tonkon Torp LLP

Why Struggling Cannabis Companies May Want to Turn to a Receivership

Tonkon Torp LLP on

The cannabis industry in Oregon has been struggling in recent years. In addition to being impacted by inflation and an ailing economy, vast overproduction of cannabis in the state has caused prices to fall....more

Robins Kaplan LLP

Publicly Traded Companies Continue to Face High Volume of Securities Fraud Cases as Markets Tumble

Robins Kaplan LLP on

Recent tumultuous markets seem to have brought with them a continued flurry of stock drop cases, including five that were filed last week alone in New York, New Jersey, and California. The putative class actions, which seek...more

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