Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commentingCanadian sports drink company BioSteel filing for creditor protection, seeking new buyer
The owner of sports drink company BioSteel says it has filed for creditor protection in the U.S. and Canada and is trying to find a buyer for the business.Ontario-based Canopy Growth, the largest cannabis company in North America, said in a news statement Thursday that it has ceased funding BioSteel Sports Nutrition Inc., and that BioSteel has commenced proceedings under the Companies Creditors Arrangement Act .
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