Cannabis Law

Advising Cannabis Businesses in Distress

Credits Available
Credit Status Total
Alaska CLE Approved 1.5 Total
Arkansas CLE Approved 1.5 Total
Arizona CLE Approved 1.5 Total
California CLE Approved 1.5 Total
Colorado CLE Approved 2 Total
Connecticut CLE Approved 1.5 Total
Delaware CLE Approved 1.5 Total
Florida CLE Approved 2 Total
Hawaii CLE Approved 1.5 Total
Idaho CLE Upon Request 1.5 Total
Illinois CLE Approved 1.5 Total
Kansas CLE Pending 1.5 Total
Louisiana CLE Upon Request 1.5 Total
Maine CLE Approved 1.5 Total
Minnesota CLE Approved 1.5 Total
Missouri CLE Approved 1.8 Total
Northern Mariana Islands CLE Approved 1.5 Total
Montana CLE Upon Request 1.5 Total
North Dakota CLE Upon Request 1.5 Total
Nebraska CLE Approved 1.5 Total
New Hampshire CLE Approved 1.5 Total
New Mexico CLE Approved 1.5 Total
Nevada CLE Approved 1.5 Total
New York CLE Approved 1.5 Total
Oklahoma CLE Approved 2 Total
Oregon CLE Upon Request 1.5 Total
Pennsylvania CLE Approved 1.5 Total
Rhode Island CLE Upon Request 1.5 Total
Vermont CLE Approved 1.5 Total
Washington CLE Approved 1.5 Total
Wisconsin CLE Approved 1.5 Total
West Virginia CLE Approved 1.8 Total
Wyoming CLE Upon Request 1.5 Total
OnDemand
1 hours 28 minutes
Keenan Jones
With Keenan M. Jones from Frantz Ward LLP
Recorded September 10, 2024
Product ID 99055

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Overview

Create Tailored Legal Solutions for Cannabusiness Clients in Need

Cannabis business market is maturing, growing competition and ongoing lack of federal protections creates new challenges for existing companies. When a business client in distress comes to you looking for legal solutions, will you be able to help? This focused briefing offers essential tactics to consider in lieu of federal bankruptcy. Expand your clients' options - register today!

  • Learn how to better identify the root cause(s) of each cannabis business's problems.
  • Weigh potential turnaround options, including contract re-negotiations, debt restructuring, sale of assets, and more.
  • Ensure continued legal compliance while troubleshooting the financial aspects of the business.
  • Assess state alternatives to federal bankruptcy, including receivership and ABC.

Abbreviated Agenda

  1. Financial Analysis Methods to Identify the Root Causes of Distress
  2. Restructuring and Turnaround Options
    1. Renegotiating Leases and Current Contracts
    2. Debt Restructuring, Loan Workouts
    3. Seeking Additional Financing (and Roadblocks)
    4. Diversifying Revenue Streams
    5. Sale or Merger With Other Cannabis Businesses
    6. Sale of Assets
  3. Legal Risk Management, Ensuring Continued Compliance (Licensing, Permits, etc.)
  4. Understanding the Nature of the Business: Is Federal Bankruptcy Possible?
  5. Bankruptcy Alternatives: Receivership and Assignment for Benefit of Creditors (ABC)

Related Topics

Product ID 99055

Credit Details

Credits Available
Credit Status Total
Alaska CLE Approved 1.5 Total
Arkansas CLE Approved 1.5 Total
Arizona CLE Approved 1.5 Total
California CLE Approved 1.5 Total
Colorado CLE Approved 2 Total
Connecticut CLE Approved 1.5 Total
Delaware CLE Approved 1.5 Total
Florida CLE Approved 2 Total
Hawaii CLE Approved 1.5 Total
Idaho CLE Upon Request 1.5 Total
Illinois CLE Approved 1.5 Total
Kansas CLE Pending 1.5 Total
Louisiana CLE Upon Request 1.5 Total
Maine CLE Approved 1.5 Total
Minnesota CLE Approved 1.5 Total
Missouri CLE Approved 1.8 Total
Northern Mariana Islands CLE Approved 1.5 Total
Montana CLE Upon Request 1.5 Total
North Dakota CLE Upon Request 1.5 Total
Nebraska CLE Approved 1.5 Total
New Hampshire CLE Approved 1.5 Total
New Mexico CLE Approved 1.5 Total
Nevada CLE Approved 1.5 Total
New York CLE Approved 1.5 Total
Oklahoma CLE Approved 2 Total
Oregon CLE Upon Request 1.5 Total
Pennsylvania CLE Approved 1.5 Total
Rhode Island CLE Upon Request 1.5 Total
Vermont CLE Approved 1.5 Total
Washington CLE Approved 1.5 Total
Wisconsin CLE Approved 1.5 Total
West Virginia CLE Approved 1.8 Total
Wyoming CLE Upon Request 1.5 Total
Select Jurisdiction
CLE

Agenda

All times are shown in

  1. Advising Cannabis Businesses in Distress

    1. Financial Analysis Methods to Identify the Root Causes of Distress
    2. Restructuring and Turnaround Options
      1. Renegotiating Leases and Current Contracts
      2. Debt Restructuring, Loan Workouts
      3. Seeking Additional Financing (and Roadblocks)
      4. Diversifying Revenue Streams
      5. Sale or Merger With Other Cannabis Businesses
      6. Sale of Assets
    3. Legal Risk Management, Ensuring Continued Compliance (Licensing, Permits, etc.)
    4. Understanding the Nature of the Business: Is Federal Bankruptcy Possible?
    5. Bankruptcy Alternatives: Receivership and Assignment for Benefit of Creditors (ABC)

Who Should Attend

This legal course is designed for attorneys. Accountants, financial advisers, business planners, and paralegals will also benefit.

Speakers

Keenan M Jones
Keenan M.
Jones
Frantz Ward LLP
Speaker bio
Keenan M Jones

Keenan M. Jones

Frantz Ward LLP
Keenan Jones

is a partner with Frantz Ward LLP in Cleveland, Ohio. He represents businesses of all sizes in litigation matters, corporate formation, business development and protection of intellectual property rights. Since 2017, Mr. Jones has focused his practice on assisting companies operating in the regulated cannabis space, including hemp, marijuana, and ancillary endeavors. Before joining Frantz Ward, he co-founded Foster & Jones and worked at the Hoban Law Group. In both roles, Mr. Jones guided businesses in the emerging cannabis industry. He also serves as counsel and an ex-officio member of the Board of Directors of Model United Nations of the Far West, a not-for-profit organization that hosts an annual, collegiate model United Nations conference, where students can hone their oratory and international diplomacy skills. Mr. Jones earned his B.A. degree, summa cum laude, from Heidelberg University and his J.D. degree from University of Denver Sturm College of Law.

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