Blunt Force: Landlord Cleared to Evict Marijuana Dispensary

It is still unclear from a recent bankruptcy case decision if marijuana dispensaries will find protection under the US Bankruptcy Code. Mother Earth lost the court battle to stay eviction proceedings. The bankruptcy judge lifted the automatic stay to allow the landlord to proceed with an eviction.

The ultimate question to be determined: Will companies, such as medical marijuana dispensaries, operating legally under state law be afforded the same protections as other companies under federal bankruptcy law.

At the moment, it appears that federal law has again trumped state law but the case is still pending so that could change. Read Full Article

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