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The Flowr Corporation Announces the Closing of the Strategic Acquisition of Terrace Global


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
The Flowr Corporation Announces the Closing of the Strategic Acquisition of Terrace Global
The Flowr CorporationDecember 24, 2020 GMT
Highlights:
The Company has closed its strategic acquisition of Terrace Global, creating an entity with a strong balance sheet and global footprint.
The Board of Directors and shareholder base now includes former founders of MedReleaf Corp., ICC Labs Inc. and Bedrocan Canada Inc.
Simultaneously, through liability management, the Company is expected to achieve meaningful debt reduction and amendments to the Company’s senior credit facility before the end of 2020. ....

New York , United States , British Columbia , Irina Hossu , Stephen Arbib , Maurice Levesque , Steve Klein , Vinay Tolia , Joanne Lee , Steven Klein , Michael Galego , Hawthorne Scotts , Jonathan Goldman , Vincent Gasparro , Lance Emanuel , Apolo Capital Advisory Corp , Pacific Exploration Production Corp , Flowr Corporation , Benjaminn Cardozo School Of Law , Bayer Inc , Trillium Gift Of Life Network , York University , Agricultural Division Of The Stronach Group , Venture Exchange , Canadian Liver Foundation , Villanova School Of Business ,

Product Liability: Important Developments In 2020 - Consumer Protection


2020 has seen several important developments in product
liability law.
These developments signal that a variety of challenges are on
the horizon for plaintiffs in 2021 in three specific areas: product
liability class actions alleging adverse health effects; claims
relating to the sale of prescription medications; and mass
tort claims.
No workable methodology : an effective defence to
certification
In 2013, the Supreme Court of Canada affirmed in
Pro-Sys
Consultants Ltd. v. Microsoft Corporation
1 that, at
certification, plaintiffs must demonstrate a workable
methodology for determining general causation on a class-wide
basis. Since then, this issue-which has often been decided in the
plaintiffs favour-has arisen frequently in proposed product ....

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