Restructuring Protection and Asset Sale Project
Undisclosed public Canadian cannabis company. As interim management, navigated the company through a full-scale restructuring, including the first-ever Companies Creditors Arrangement Act filing for a cannabis company in Canada. Successfully oversaw an asset sale process which generated substantial funds for the company, while designing and implementing a material cost-control exercise and strategic re-alignment to better fit the industry dynamics.
Strategic Corporate Advisory Project
Undisclosed public Canadian cannabis company. Advised an Independent Committee of the Board of Directors formed when the company hit early stages of financial distress. Provided an in-depth review of management capabilities, identified and implemented a strategic review process to allow the company to explore value maximization options prior to entering insolvency. Company successfully engaged in a strategic review process that saw them complete a merger.