Appeal: Pot-Derived Assets Should Be Protected In Bankruptcy

A new court filing says the federal government cannot passively allow a billion-dollar marijuana industry to flourish and then later deny its participants bankruptcy protection.

COLORADO:  The federal government cannot passively allow a billion-dollar marijuana industry to flourish by not prosecuting certain crimes and then later deny its participants bankruptcy protection, a new court filing says. By refusing to allow marijuana-derived assets to be protected in bankruptcy in the same way other assets are, the government is passively prosecuting the Read the full article…