Categories: aggregated

Smartest Guys in the Room Go Belly Up in Canada – Fire and Flower Files for Creditor Protection

An initial order for creditor protection has been granted by a Canadian court to Fire & Flower Holdings and its cannabis-related businesses due to significant net losses of more than $150 million ($200 million) that have accrued since 2018. The Companies Creditors Arrangement Act (CCAA) was used by the Ontario Superior Court of Justice to grant this order, which enables the company to continue operating as it currently is and interact with stakeholders to consider options for future business ventures.

Jason

Share
Published by
Jason

Recent Posts

The Drink in Your Hand Was Never Just a Drink

The new cannabis beverage boom isn’t really about replacing booze. It’s about replacing everything people…

15 hours ago

Cannabis Equity Was Built to Repair the War on Drugs. Its Architect Says It Funneled Black Founders Into a Trap.

Amber Senter co-founded Supernova Women, the organization that helped shape America’s first cannabis social equity…

15 hours ago

People are Dying While We Argue About a Plant Having Medicinal Properties

The finding: states that legalized medical or recreational marijuana saw significant reductions in non-fatal opioid…

15 hours ago

88% and Rising: America Has Already Made Up Its Mind on Cannabis Legalization

Eighty-eight percent. Let that sit for a moment. According to the latest nationwide polling from…

15 hours ago

He Won A Jet On MrBeast. Now He’s Linked To A 577-Pound Marijuana Trafficking Case.

A story that once sounded like peak internet fantasy has taken a very real turn. …

2 days ago

Star signs and cannabis strains: June 2026 horoscopes

Your June 2026 horoscopes brings a powerful mix of growth, reflection, and fresh opportunities. The…

2 days ago