Financial distress: Blind spots in cannabis industry

By David Wood and Lisa Hiebert ( March 6, 2020, 1:48 PM EST) -- The regulated cannabis industry remains a consistent headline. Growing pains plague the industry, and the optimism surrounding growth, product diversification and projected revenue has been replaced by concern regarding layoffs, oversupply and inability to raise funds. Speculation about failures and insolvencies is widespread. After years of focusing on growth and raising capital, cannabis companies are increasingly looking for advice to mitigate the impact of financial distress....