Cannabis retailer Tokyo Smoke to close 29 stores amid creditor protection proceedings

Tokyo Smoke News

Cannabis retailer Tokyo Smoke to close 29 stores amid creditor protection proceedings
Creditor ProtectionCompanies' Creditors Arrangement ActCannabis Market
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TORONTO — Cannabis retailer Tokyo Smoke says it will be shuttering 29 of its stores as it seeks creditor protection.

The closures are part of a restructuring the brand is carrying out under the Companies' Creditors Arrangement Act.

Some 167 locations across Ontario, Manitoba, Saskatchewan and Newfoundland and Labrador will remain open amid the restructuring. Since that deal was signed, the cannabis market has struggled as the number of retailers has soared and the price of pot has dropped.While fantasy football sleepers outperform their draft positions, breakouts put up career numbers. Here are 10 breakout candidates for 2024.We recently published a list of 10 Best Dividend Paying Stocks To Buy According to Quant Hedge Fund AQR. In this article, we are going to take a look at where Cisco Systems, Inc.

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