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The legal cannabis landscape has rapidly evolved, particularly in states like Delaware, which legalized medical marijuana in 2011 and recreational use in 2023. However, the complexities of cannabis law become more pronounced in the context of bankruptcy.

On June 28, 2024, in Loper Bright Enterprises v. Raimondo, the United States Supreme Court reversed its 40-year-old decision in Chevron v. Natural Resources Defense Council, thereby restoring the judiciary’s final authority to interpret statutes, a powerful check on administrative agency authority...