Angela Blake and Gavin Finlayson write in Cannabis Prospect Magazine on what is involved in a corporate restructuring in the cannabis space. The full column is on pages 22 and 23 of the October 2020 issue.
Angela and Gavin look at:
- how the shift of investor confidence in the cannabis sector has helped drive the need for corporate restructurings for distressed cannabis companies;
- where the cannabis industry is now;
- types of insolvency proceedings (Canada Business Corporations Act (CBCA) arrangements; Companies' Creditors Arrangement Act (CCAA) or BIA proposal proceedings); and
- what is next in the cannabis industry.
Please note that this publication presents an overview of notable legal trends and related updates. It is intended for informational purposes and not as a replacement for detailed legal advice. If you need guidance tailored to your specific circumstances, please contact one of the authors to explore how we can help you navigate your legal needs.
For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com.