Law360 (April 23, 2020, 7:24 PM EDT) — The Colorado personal bankruptcy decide overseeing United Hashish Corp.’s Chapter 11 submitting has instructed the enterprise and the U.S. Trustee that he desires to know why the situation need to not be thrown out, given that United Cannabis licenses a patent used in the marijuana field.
U.S. Individual bankruptcy Choose Joseph G. Rosania Jr. explained in an buy to show cause Wednesday that for the reason that United Cannabis “appears to be engaged in the cannabis market,” the case would be dismissed unless the firm exhibits in crafting by May well 4 why it should really stand.
United Cannabis, whose shares trade on the about-the-counter market, submitted a Chapter…
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