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Latest In: bankruptcy

420 Investments Ltd. bankruptcy CCAA Companies' Creditors Arrangement Ac FOUR20 insolvency One Plant Trees Trees Corp. Trees Corporation
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Canadian marijuana retailer Trees Corp. enters creditor protection

Insolvent Canadian recreational marijuana retailer Trees Corp. has entered creditor protection, becoming the latest debt-laden cannabis company to…

News January 3
Aleafa Health Atlantic Cultivation bankruptcy BIA BioSteel Brazeau Seller Law Canada Revenue Agency Canada's Bankruptcy and Insolvency Act CannTrust Canopy Growth CCAA Chalice Brands Companies' Creditors Arrangement Ac Dan Sutton Darren Brisebois excise tax Fire & Flower Health Canada OGEN Phoena Group regulatory fees Tantalus Labs Trina Fraser
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Canadian cannabis insolvencies persist in 2023 amid industry woes

Financially distressed cannabis companies continued to seek refuge in Canadian insolvency law in 2023, although such insolvency filings…

News December 18
auction bankruptcy Canadian cannabis insolvencies CCAA Companies Creditors Arrangement Act Fika Fika Cannabis Fire & Flower insolvency
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Canadian cannabis retailer Fika wins Fire & Flower auction

Canadian retail chain Fika Cannabis won an auction for insolvent retailer Fire & Flower Holdings.

News August 17
Aleafia Health Alefia bankruptcy Canabo Medical Corp. CCAA Companies Creditors Arrangement Act Emblem Cannabis insolvency KSV Restructuring Red White & Bloom RWB
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Cannabis operator Aleafia enters creditor protection after failed merger

Financially distressed Canadian cannabis company Aleafia Health has entered creditor protection, shortly after the failure of its attempt…

News July 25
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Opinion: An alternative to bankruptcy for distressed cannabis businesses

U.S. bankruptcy courts will not provide protection to businesses that work with marijuana. Receivership is often employed as…

News July 21
Alimentation Couche-Tard bankruptcy Canada cannabis retail CCAA Companies' Creditors Arrangement Ac Couche-Tard Fire & Flower insolvency retail Toronto Stock Exchange
Interior image of a Fire & Flower cannabis store.

Cannabis retail chain Fire & Flower to be cut from Toronto Stock Exchange

Financially distressed Canadian cannabis retail company Fire & Flower Holdings is being delisted from the Toronto Stock Exchange…

News June 16
bankruptcy CANADA Canada cannabis cannabis creditor protection capital raise Cassels Brock & Blackwell CCAA Companies' Creditors Arrangement Ac creditor protection insolvency jamey gage Jane Dietrich McCarthy Tétrault Ranjeev Dhillon
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Struggling cannabis companies turn to Canadian insolvency law

An unusual number of cannabis companies have used a Canadian corporate insolvency law called the Companies' Creditors Arrangement…

News December 28
Alberta bankruptcy CANADA Canada's Bankruptcy and Insolvency Act CCAA Companies Creditors Arrangement Act Connect First Credit Union Sugarbud Sugarbud Craft Growers Corp.
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Canadian cannabis grower Sugarbud seeking creditor protection

Canadian cannabis producer Sugarbud Craft Growers Corp. is seeking creditor protection.

News September 29
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Canadian cannabis events firm Lift & Co. files for bankruptcy

Lift & Co. Corp., a Toronto-based cannabis events and marketing firm, has filed for bankruptcy.

News September 17
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