Keywords
Debt, bankruptcy
Abstract
The legalized marijuana industry is lucrative but surrounded with uncertainties. The divergence between state and federal law has pushed this industry into a state of limbo. Furthermore, at the federal level, the lack of enforcing the prohibition has only exacerbated the uncertainty. Historically, the federal government has taken a very relaxed approach and allowed marijuana businesses to operate with minimal interference. As a result, there is a thriving legalized marijuana industry operating throughout the majority of the United States. However, there are many obstacles which plague and threaten the future of this relatively young industry. Of particular importance, and the subject of this Article, is the marijuana industry’s lack of access to the bankruptcy courts.
Recommended Citation
Jorge J. Rodriguez,
Dankruptcy: When the Green Runs out, Marijuana Debtors have few Options,
72 Ark. L. Rev.
661
(2020).
Available at:
https://scholarworks.uark.edu/alr/vol72/iss3/4
Included in
Banking and Finance Law Commons, Bankruptcy Law Commons, Business Organizations Law Commons, State and Local Government Law Commons