With a rich history stretching back to the 1970s, the northern lights strain has become one of the most iconic cannabis varieties around. This classic marijuana strain is renowned for its ease of cultivation and potent effects. Its dense, dark green buds are typically covered in frosty trichomes and emit a pungent skunk aroma that is mixed with a hint of citrus and pine trees.

Unveiling the Northern Lights Strain: Legendary Potency and Relaxation

It is recommended that you consume northern lights in the evening or at night, as this strain is known to deliver a deep body high that soothes away tension and stress, along with an accompanying case of the munchies. This strain is also a great option for treating insomnia and anxiety, while its numbing sensation may alleviate pain from conditions such as arthritis and fibromyalgia. This strain is also often used to treat ADD and ADHD, as well as alleviate nausea and migraines.

The flavor of northern lights is a delightful combination of earthy pine and citrus, with subtle hints of spice. When smoked, this strain delivers a smooth and pleasant experience. Its vapor production is equally as pleasant, leaving a nice, crisp aftertaste on the exhale.

This is a great all-round strain that can be enjoyed by cannabis consumers of all experience levels. However, it is recommended to keep THC consumption moderate as too much can lead to dry mouth and eyes (eye drops may be helpful), dizziness and paranoia in some individuals. Grown in optimal conditions, this strain can produce generous harvests.

An insolvent company is one that is unable to pay its debts as and when they fall due for payment. Trading whilst insolvent can lead to accusations of wrongful trading and the directors of the company can face personal liability for the debts of the company. It is therefore very important for all directors to be fully aware of their company’s financial position before incurring any new debts.

There are many causes of insolvency, including poor cash flow management and a reduction in cash inflow from the sales of goods and services to customers. Increased expenses can also contribute to insolvency, particularly when the increase is not fully recouped through increased income from increased sales of goods or services. Other reasons include a failure to evolve products and services to meet customer demand, loss of customers to competitors offering better or cheaper products, lawsuits against the business, and other factors.

Decoding Insolvent Companies: Definitions and Implications

The legal definition of insolvency includes a comparison of the company’s assets against its liabilities and a determination that the liabilities are greater than the value of the company’s assets at their present market values. Some authors have also suggested that a company becomes insolvent when it fails to reach its economic objectives in a socially constrained environment.

Once a company is determined to be insolvent the legal position of its directors changes and they must act in the interests of the company’s creditors rather than the shareholders. This shift in duties is what makes it important for directors to always understand their company’s financial position, especially when considering taking on new debts and putting the company through a process like Creditor’s Voluntary Liquidation.