The legalization of recreational cannabis in 2018 opened the doors for Canada to be a first-mover in what analysts predicted would be an exciting and lucrative industry. Although the cannabis industry has experienced significant business growth, recent headwinds have resulted in some cannabis companies starting to encounter short-term liquidity challenges as they grow their operations. […]
restructuring
Restructuring Realities and Alternatives for Cannabis Companies in the Age of COVID-19
In the wake of COVID-19, there will be a tsunami of cannabis-related businesses looking for restructuring options. The cannabis industry has been hit especially hard in these unprecedented times. Even before COVID-19, some businesses in this industry were teetering on the brink of insolvency, given limited financing options and unforgiving capital markets. With the added […]
