Tokyo Smoke closes 29 stores across Canada, seeks creditor protection

Tokyo Smoke is closing 29 stores and restructuring its business, citing “current market and regulatory conditions.” Some 167 locations across Ontario, Manitoba, Saskatchewan and Newfoundland and Labrador will remain open amid the restructuring. Global News' Nivrita Ganguly speaks with Dope Brands senior consultant Abi Roach and Toronto Metropolitan University (TMU) entrepreneurship professor Bradley Poulos about why Canadian cannabis retailers are struggling to thrive. For more info, please go to https://globalnews.ca Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews #tokyosmoke #canada #cannabis