FCPA Compliance Report-Episode 333, Professor Samuel Buell
Though it appeared the smoke might blow in a more favorable direction, the hopes of marijuana-adjacent businesses using the Bankruptcy Code were snuffed out once again by the Bankruptcy Court in Colorado. The Controlled...more
Although legal in many states, marijuana remains illegal under federal criminal law. See 21 U.S.C. ยง 856(a)(1). One would think that engaging in illegal activity under federal criminal law would preclude relief under federal...more