Restructuring Trends in the Cannabis Industry in Canada and the U.S.
Share
Restructuring Trends in the Cannabis Industry in Canada and the U.S.
By Jodi Porepa, Managing Director; Jeffrey Rosenberg, Senior Managing Director & Elaine Carey, Managing Director, FTI Consulting
The nascent cannabis industry is in a state of constant flux. Starting in 2012 and leading up to today, buying and selling cannabis has varying legal implications, depending on the country, as well as the U.S. state.1 The different stages of legalization have created significant...
We hope you enjoyed your free content!
To continue, please become a TMA member.
Access the Journal of Corporate Renewal and other content in the Learning Link.
Become part of a global organization of turnaround and restructuring professionals with 54 Chapters and more than 400 events each year.
Build your personal brand and professional network with opportunities to connect, speak, lead, and win awards.
Elaine Carey, CFE, CAMS, is a managing director at FTI Consulting and co-leads the FTI cannabis practice, overseeing cannabis-focused due diligence, anti-money laundering (AML) compliance, fraud, supply chain issues, cyber threats, valuations, IPO readiness, intellectual property issues, mergers and acquisitions, and reputational enhancement. Carey focuses on key areas in cannabis, including advising on building compliance and internal control programs, assisting in designing AML policies and procedures, and reviewing AML programs to ensure compliance with U.S. Treasury Department guidelines.
Jodi Porepa, CPA, CA, CIRP, LIT, is a managing director in FTI’s Corporate Finance Turnaround & Restructuring practice. She has more than 15 years of experience in assisting financially troubled companies and in developing and implementing reorganization strategies, both in- and out-of-court restructurings, and formal proceedings. Porepa has supported and guided private and public companies, in domestic and cross-border cases, with operations across Canada, the United States, Puerto Rico, Asia, and South America, and has experience across a variety of industries.
Jeffrey Rosenberg, CPA, CA, CIRP, LIT, is a senior managing director in FTI’s Turnaround & Restructuring practice and has more than 20 years of experience assisting financially troubled companies and acting in chief restructuring officer roles across a wide variety of industries. He advises corporations and financial institutions in financial distress and in performing in-depth analysis to develop restructuring and recapitalization plans. Rosenberg is a trusted leader for in- and out-of-court restructurings and has interim management experience.
