Hemp companies in financial trouble have legal bankruptcy options not offered to marijuana operators

In a recession, there are bound to be business casualties—particularly in a high-risk, nascent industry such as hemp.

Hemp companies have experienced a perfect storm of obstacles since legalization in late 2018—an uncertain regulatory environment, overproduction in 2019, ongoing challenges with access to banking and financial services and, now, COVID-19

Hemp companies in financial trouble have legal bankruptcy options not offered to marijuana operators is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs