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Episode 3: A Restructuring Primer for the Cannabis Industry
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Welcome to Episode 3 of The Grow: A Weekly Review of the Cannabis Business.
This week, we walk through the fundamentals — and surprising benefits — of bankruptcy and restructuring, especially in the cannabis sector.
You’ll learn how strategic insolvency can:
• Stay aggressive creditors
• Pause litigation and lawsuits
• Break fixed contracts, including leases
• Restructure payment terms on debt
• Attract new financing through DIP loans
• Sell the business as a going concern, free and clear of debt
Restructuring laws exist to preserve value and save jobs - use them.
For help navigating your options, reach out to Sinclair Range at www.sinclairrange.com.
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