• November 5, 2024

Pyxus Reportedly in Talks About Bankruptcy

 Pyxus Reportedly in Talks About Bankruptcy
Photo: Pyxus International

Pyxus International has reportedly begun talks with creditors regarding a possible bankruptcy filing, according to an article in the Wall Street Journal.

The filing is potentially related to declining cigarette consumption and the Covid-19 pandemic following the company’s struggle to make headway in the cannabis and vapor sectors.