Events

Cannabis 401: How to Prevent Your Cannabis Investment from Going Up in Smoke: Tips for Having a Successful Cannabis Workout

February 25, 2021 | Duane Morris LLP | Webinar

Duane Morris is hosting the webinar, "Cannabis 401: How to Prevent Your Cannabis Investment from Going Up in Smoke: Tips for Having a Successful Cannabis Workout," on February 25, 2021, from 12:30 p.m. to 1:30 p.m. 

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About the Program

Join attorneys from Duane Morris’ Business Reorganization and Financial Restructuring Practice Group for a discussion on the workout process, especially the complexities involved for cannabis companies. Topics to be discussed include:

  • When and why to file bankruptcy
  • An overview of how assets and companies are structured and the implications for debtors and lenders
  • Why Chapters 7 and 11-13 bankruptcies wouldn’t work for a domestic cannabis company
  •  Using Chapter 15 for larger, multinational cannabis companies, especially for a Canadian parent company with operations in the United States
  • Proactive solutions to prospective lenders on how to best secure themselves in view of the bankruptcy limitations
  • Reviewing transaction documents to asses “what if” case scenarios
  • Case study of iAnthus: How documents were drawn up, issues or “surprises” encountered, document drafting on the front end of transactions and nonstandard provisions

Presenters

About the Series

The Duane Morris Cannabis Industry Group returns with its series of webinars reviewing issues and developments affecting the cannabis industry. Each session will feature a specific topic, discuss the legal and business implications and provide insight on key matters.