Here's what we are reading this morning:
Canopy maps out turnaround built on layoffs, drinks, U.S. CBD - Article - BNN
Wirecard’s Ex-C.E.O., Markus Braun, Is Arrested in Germany - The New York Times
Muni Bonds Face Reckoning After Convention Business Collapses - Bloomberg
Brandless is back | Retail Dive
Confusion Mounts Regarding Bankruptcy Debtor Access To PPP | McCarter & English, LLP
Catholic Church Shields $2 Billion in Assets to Limit Abuse Payouts - Bloomberg
U.S. Wins Round in Fight Over PPP Bankruptcy Ban - WSJ
42 hospitals closed, filed for bankruptcy this year
Restaurants Open for Dine In Post Covid? 2.2 Million on the Brink - Bloomberg
Foot traffic to retail establishments, restaurants, shopping malls, hotels, movie theaters, airports, hospitals, and other places of commerce is recovering across the USA. BUT much slower in large cities where 75% of GDP is generated. AEI housing
GNC Holdings, Inc. Files for Bankruptcy
Karma Is Heading For Chapter 11: Sources