Cannabis: Banking & Investing

June 19, 2019 at 4:00pm4:50pm
Loan Syndications and Trading Association

The cannabis industry is growing quickly, with many opportunities for investors. Yet the patchwork of state laws and the fact that cannabis remains illegal at the federal level make it tricky to navigate this new landscape. Partner Matthew R. Kittay discusses cannabis-related laws and regulations, including:

  • Key banking issues and an introduction to SAFE Banking Act and STATES Act
  • Due diligence process when investing in a cannabis business, and how to tailor the checklist for an asset-backed cannabis deal
  • Unique terms to consider when structuring these deals
  • Application of federal bankruptcy statutes