A marijuana company employee in Massachusetts has been denied bankruptcy protections, highlighting a federal barrier that extends beyond the corporate realm to personal finances.
Massachusetts marijuana worker denied Chapter 13 bankruptcy protection is…
creditor protection
Pyxus International divesting Canadian cannabis subsidiaries
U.S. tobacco firm Pyxus International is divesting its Canadian cannabis subsidiaries, with plans to sell off the companies and “focus on its more profitable tobacco and e-liquid businesses.” The three subsidiaries – Figr Brands, Cana…
Sunniva, CA$58 million in debt, granted initial creditor protection
Vancouver-based marijuana firm Sunniva Inc. has received an initial creditor protection order from the Supreme Court of British Columbia as it pursues restructuring. The cross-border firm made the announcement in a news release on Monday, joining a num…