Cannabist begins CCAA proceedings as it agrees to sell Ohio assets for USD 47 million

Reuters

9 hours ago

Cannabist begins CCAA proceedings as it agrees to sell Ohio assets for USD 47 million

Cannabist commenced voluntary proceedings under Canada’s Companies’ Creditors Arrangement Act in the Ontario Superior Court of Justice.
An initial order granted a stay of proceedings for 10 days and appointed FTI Consulting Canada as monitor.
The company said it intends to file Chapter 15 proceedings in the US Bankruptcy Court for the District of Delaware to seek recognition of the Canadian process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Cannabist Company Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603241347BIZWIRE_USPR_____20260324_BW873583) on March 24, 2026, and is solely responsible for the information contained therein.

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