The Continuing Saga of Medical and Recreational Marijuana Under the Bankruptcy Code

In March 2016, an article appeared in the “Affairs of State” column of the American Bankruptcy Institute Journal that discussed the quandary of medical marijuana in the context of banking and cannabis dispensaries’ need for banking services during a bankruptcy case.(( Jay D. Befort, “Ongoing Saga of Medical Marijuana: What’s a Bank and a Debtor…

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