cannabis restructuring

Cannabis retailer Tokyo Smoke has finished its restructuring process and is no longer under financial protection, following a court's approval. What Happened The Canadian company first announced that it started restructuring its business in August, obtaining an initial order under the Companies...

SNDL Inc. (NASDAQ:SNDL), which announced its restructuring project on Tuesday, also said that as part of these operational adjustments, it is consolidating its cannabis segments into a single unit under the leadership of Tyler Robson. Why It Matters The consolidation is intended to enhance...

The Cannabist Company Holdings Inc. (Cboe CA: CBST) (OTCQX:CBSTF) (FSE: 3LP) – formerly known as Columbia Care – announced on Monday a series of initiatives as it seeks to transform its business to improve profitability, enhance margin profile and enable cash flow generation. What...

Pervasip Corp. (OTCPK: PVSP) is restructuring its cannabis operations to convert about $15 million in debt into 15% of a newly formed subsidiary. What Happened: The move represents a preliminary step in the company’s plan to separate the new subsidiary into an independent public entity,...