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Latest In: bankruptcy

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Cannabis and accessories distributor Humble & Fume gets creditor protection

Humble & Fume, a Canadian cannabis and accessories distributor, received an initial creditor protection order and intends to…

News January 8
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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
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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
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Interior image of a Fire & Flower cannabis store.

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
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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
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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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