Intoxicating Hemp Companies Facing the Ban Should Consider Federal Bankruptcy Relief Early

The “loophole” that for years exempted intoxicating hemp from the prohibitions of the Controlled Substances Act (“CSA”) is set to close on November 13, 2026, following the federal ban enacted earlier this month. Companies that manufacture, distribute, sell, or purchase intoxicating hemp products (“IH Companies”) and are, or anticipate, experiencing financial distress have less than…

Which Reform Council will go bankrupt first?

Photo by Henry Nichoolls/AFP Reform swept into local government last May. A heady night gave the insurgent populist right party control of ten councils and a plurality in several more. Nigel Farage’s acolytes promised to cut down on wasteful “DEI” spending, keep council tax down and establish a UK version of Elon Musk’s notorious Doge.…

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