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 18Financially distressed cannabis companies continued to seek refuge in Canadian insolvency law in 2023, although such insolvency filings…
News December 18Greg Guyatt resigned from his position as CEO of Canadian cannabis producer Phoena “to pursue new challenges,” the…
News February 27Three former executives of Canadian cannabis producer CannTrust, including its ex-CEO, have been acquitted of all charges after…
News December 16Canadian cannabis producer CannTrust Equity has changed its name to Phoena Holdings.
News May 4Vaughn, Ontario-based CannTrust Holdings has exited court-supervised proceedings under the Companies Creditors Arrangement Act after a key subsidiary…
News March 15Canadian cannabis producer CannTrust said it secured a new investment from a Netherlands-based private equity investment company and…
News March 2Health Canada seized more than 35 million grams (77,162 pounds) of cannabis products and thousands of plants from…
News February 23Canadian cannabis producer CannTrust Holdings says it doesn’t have sufficient liquidity to operate beyond the near term and…
News January 6A court approved a plan for troubled Canadian marijuana producer CannTrust Holdings to reorganize under Canada's Companies' Creditors…
News July 16