Dissolution of Cannabis Companies in a World Without Bankruptcy

Lance Boldrey will present “Dissolution of Cannabis Companies in a World Without Bankruptcy” at the Michigan Association of CPAs Cannabis Summit on Tuesday December 9, 2025. 

Cannabusinesses in financial distress do not have the option of bankruptcy; however, there are solutions that can lead to positive outcomes for stakeholders. Explore the options for owners facing financial distress, including restructuring, receiverships, assignments for the Benefit of Creditors and other Uniform Commercial Code remedies, and determine the CPA’s role in providing assistance, from spotting red flags in agreements to unwinding bad deals.