Marijuana Business
The Medical marijuana business got its beginning in 1996 when California became the first state to pass laws regarding the use of marijuana medically called Proposition 215, or the Compassionate Use Act of 1996. It allowed patients with a valid doctor’s recommendation to be able to use marijuana therapeutically in treatment of their medical conditions.
Failing Businesses
Businesses uphold the right to apply for bankruptcy when they are struggling to gain the income they need to cover their expenses. They have the same rights as individuals in regards to the process of filing. Many businesses today are having to perform large layoffs and call it quits due to lack of consumer purchases. This causes them to have to file for bankruptcy. It is the same as the case for an individual. Money becomes tight, debts pile up and bankruptcy seems to be the only option.
