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Delta 9 Cannabis Advances Restructuring Efforts

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Delta 9 Cannabis Advances Restructuring Efforts

Delta 9 Cannabis (TSE:DN) has released an update.

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Delta 9 Cannabis Inc. has secured an amended order for creditor protection and is moving forward with a sale and investment solicitation process for its retail and logistics businesses, as well as its licensed cannabis production assets. The company has arranged interim financing and appointed a Chief Restructuring Officer to oversee the transactions, which includes the possibility of restructuring or selling Delta 9 Bio-Tech’s business operations.

For further insights into TSE:DN stock, check out TipRanks’ Stock Analysis page.

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