Latest In: insolvency

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Marijuana bankruptcy reform could be inching closer for US operators

With federal marijuana rescheduling possible in the near future, bankruptcy reform could be somewhere over the horizon.

News April 29
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Canadian cannabis company Safari Flower accesses creditor protection

Canadian cannabis grower and processor Safari Flower Group is insolvent and has received an initial creditor protection order…

News January 16
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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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Marijuana retailer Fika’s winning Fire & Flower bid was CA$36 million

Canadian marijuana retail company Fika Cannabis bid 36 million Canadian dollars ($26.6 million) at auction to acquire retail…

News August 30
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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
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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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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
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