Struggling cannabis companies turn to Canadian insolvency law

Struggling cannabis companies turn to Canadian insolvency law
MJ DAILIY INTL

An unusual number of cannabis companies have used a Canadian corporate insolvency law called the Companies’ Creditors Arrangement Act (CCAA) in 2022, a trend that demonstrates both the marijuana industry’s financial challenges and one possible solution to keep businesses from slipping completely underwater. Struggling cannabis companies turn to Canadian insolvency law is a post from: MJBizDaily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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