|(New York, NY June 22, 2020) – Viridian Capital Advisors, a leading financial and strategic advisory firm for the cannabis/hemp industry, and Foley Larder, a global law firm with 1,100 lawyers in 24 offices across the United States, Mexico, Europe, and Asia, are pleased to announce their first joint webinar for operators, investors and acquirers in the cannabis and hemp industries.
The webinar, entitled “Restructuring for Success” will address the increasing need in the cannabis and hemp sectors for restructuring services that arose with the downturn in company valuations and capital availability beginning in early 2019, and accelerated with the COVID pandemic. We will address the steps necessary for public and private companies to refocus, recapitalize and restructure – in order to reposition for capital and growth or maximize merger valuation.
The webinar will focus on the key elements of the restructuring process and the desired outcomes, including:
- Financial valuations and impairment analysis
- Financial restructuring
- Liability negotiations
- Execution of workouts
- Asset dispositions
- Raising capital post restructuring
- M&A opportunities post restructuring
- Preview of court-aided reorganization process