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Cannabis Retailer Tokyo Smoke Moves Forward After Major Restructuring

Cannabis Retailer Tokyo Smoke Moves Forward After Major Restructuring

大麻股零售商东京烟草在重大重组后继续前进
Benzinga ·  00:54

Cannabis retailer Tokyo Smoke has finished its restructuring process and is no longer under financial protection, following a court's approval.

经法院批准,大麻零售商Tokyo Smoke已经完成了重组程序,不再受到财务保护。

What Happened

发生了什么

The Canadian company first announced that it started restructuring its business in August, obtaining an initial order under the Companies Creditors Arrangement Act (CCAA) from the Ontario Superior Court of Justice in Canada.

这家加拿大公司于8月份首次宣布开始重组业务,获得了加拿大安大略省高等法院根据《公司债权人安排法》(CCAA)下达的初始命令。

In Sept. the company entered a share subscription agreement with TS Investments Corp., its parent company. Under the deal, TS Investments agreed to subscribe to all of the issued and outstanding shares of Tokyo Smoke. That deal was valued at roughly $56.7 million (CA$77 million).

9月,该公司与其母公司TS Investments Corp. 签订了股票认购协议。根据该协议,TS Investments同意认购东京烟雾的所有已发行和流通股份。这笔交易的价值约为5,670万美元(合7700万加元)。

Read Also: Tokyo Smoke To Feature Travis 'Organik' Fleetwood Weed Brand

另请阅读:Tokyo Smoke 将推出 Travis “Organik” Fleetwood Weed 品牌

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Why It Matters

为什么重要

The company reported recently that most of its stores are unaffected, while its online business and loyalty program will continue as usual.

该公司最近报告说,其大多数门店都没有受到影响,而其在线业务和忠诚度计划将照常进行。

"There will be no disruption or change to the Company's online business, or The High Roller Club loyalty program," Tokyo Smoke said in a press release.

Tokyo Smoke在一份新闻稿中说:“公司的在线业务或豪客俱乐部忠诚度计划不会受到干扰或改变。”

What's Next

下一步是什么

Tokyo Smoke said it is now a stronger business, ready to provide high-quality cannabis products and services in Canada, both online and in stores, while keeping jobs for its employees.

Tokyo Smoke表示,它现在是一家实力更强的企业,准备在加拿大提供高质量的大麻产品和服务,包括在线和实体店,同时为员工保留工作。

"Tokyo Smoke will continue its commitment to bringing Canadians the highest quality regulated products, online and in-person, through its expansive retail network, while educating and empowering customers to make well-informed decisions about safe, high-quality cannabis offerings that reflect Canadians' interests, neighborhood by neighborhood," the company said.

该公司表示:“Tokyo Smoke将继续致力于通过其庞大的零售网络,为加拿大人提供最优质的在线和面对面监管产品,同时教育和授权客户就安全、高质量的大麻产品做出明智的决定,这些产品应反映加拿大人的利益,逐个社区。”

Tokyo Smoke was previously owned by Canopy Growth Corp (TSX:WEED) (NASDAQ:CGC). The Canadian cannabis giant divested stores operating under the Tokyo Smoke and Tweed retail banners in early 2023.

Tokyo Smoke之前归Canopy Growth Corp(多伦多证券交易所股票代码:WEED)(纳斯达克股票代码:CGC)这家加拿大大麻巨头于2023年初剥离了以东京烟雾和特威德零售旗帜运营的门店。

  • Canada's Cannabis Growth Slowed Due To Federal Gov Inaction, Key Industry Leader Says
  • 主要行业领袖表示,由于联邦政府的无所作为,加拿大的大麻增长放缓
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