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.