Monthly Archives: February 2024

Marijuana and the Bankruptcy Biz

If you run a legal marijuana business in the State of Oklahoma that is in financial trouble or has failed, then you have probably found out that the U.S. Bankruptcy Courts are closed to you AND your business.

I have put together a State law alternative for a failed marijuana/cannabis business that I think produces a better result for a failed Corporation or Limited Liaibility Company in Oklahoma than a traditional Chapter 7 Bankruptcy. This procedure will help you deal with creditors, shut down the business, liquidate the assets, distribute the proceeds and find a way to move forward with your life.

If you are interested, give me a call — 405-842-8005.

Elaine