Cheryl A Santaniello

Cheryl A Santaniello

May 04, 2022 | New Jersey Law Journal

Use of the Bankruptcy Code Remains Elusive for Marijuana Businesses

Federal bankruptcy courts have been unavailable to marijuana businesses due to the Schedule I status of marijuana. To fill the void, marijuana businesses will need to avail themselves of state law bankruptcy alternatives to provide financial relief.

By David E. Sklar and Cheryl A. Santaniello 

8 minute read