Financially distressed cannabis cultivator James E. Wagner Cultivation Corp. (JWC) said\u00a0Wednesday it will undergo a \u201cconsensual restructuring\u201d and seek creditor protection in a deal with cannabis industry lender Trichome Financial Corp. Under the deal, Trichome will provide JWC with a debtor-in-possession loan of up to 4 million Canadian dollars ($2.8 million) during the restructuring. Trichome, [\u2026]<\/p>\n
Canadian cannabis firm James E. Wagner Cultivation seeks creditor protection<\/a> is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs<\/a><\/p>\n
Financially distressed cannabis cultivator James E. Wagner Cultivation Corp. (JWC) said\u00a0Wednesday it will undergo a \u201cconsensual restructuring\u201d and seek creditor protection in a deal with cannabis industry lender Trichome Financial Corp. Under the deal, Trichome will provide JWC with a debtor-in-possession loan of up to 4 million Canadian dollars ($2.8Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":395,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9657,9662,13464,2786,2142,13465],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/41974"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/395"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=41974"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/41974\/revisions"}],"predecessor-version":[{"id":41975,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/41974\/revisions\/41975"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=41974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=41974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=41974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nRead More: Canadian cannabis firm James E. Wagner Cultivation seeks creditor protection<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"