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Tokyo Smoke, an award-winning cannabis retailer, announced Wednesday it has begun a restructuring of its business and obtained an Initial Order under the Companies’ Creditors Arrangement Act (CCAA) from the Ontario Superior Court of Justice in Canada. As a result, it will be shutting 29 of its stores. What Happened: The Canadian company, previously owned by Canopy GrowthCorp (NASDAQ:CGC), provides regulated products online as well as across 61 retail locations. It has secured financing to continue normal operations while it restructures its business. This will include, per a company press rele…

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