Struggling cannabis companies turn to Canadian insolvency law

MJBizDaily
By Solomon IsraelDec 28, 2022, 11:30 am224 pts
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.…

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