#Report
Monitor's Certificate (Discharge of Monitor) dated September 26, 2025 — Court officer certificate
420 Investments Ltd., 420 Premium Markets Ltd. and Green Rock Cannabis (ECI) Ltd.
FollowClosed
- Proceeding
- CCAACOMPANIES' CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED
- File
- 2401-17986
OverviewSummary updated
420 Investments Ltd., 420 Premium Markets Ltd. and Green Rock Cannabis (ECI) Ltd. began proceedings under the Companies' Creditors Arrangement Act on September 19, 2024 in the Court of King's Bench of Alberta under court file 2401-17986. A preliminary, unaudited creditor list prepared as of that date shows secured claims against 420 Investments Ltd. held by Nomos Capital I-A LP at $1,062,661 and by Tilray Inc. and its affiliate High Park Shops Inc. in amounts not quantified, and a secured claim of $300,497 against 420 Premium Markets Ltd. held by Stoke Canada Finance Corp. Unsecured claims run to McCarthy Tetrault at $440,142 and $166,337 across the two companies, Diamond 7 Ranch Ltd. at $223,781, Yocan Canada at $125,522, and Canada Revenue Agency at $46,368 and $64,975. The proceedings are closed.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
Per the Claims Procedure Order dated September 19, 2024 dated 19 September 2024.
Proceedings AIAsk this case — answers cite the filings
Case updates102 dated entries
99 earlier updates, back to 19 September 2024 — subscribers.
Parties
Debtor
420 Investments Ltd., 420 Premium Markets Ltd. and Green Rock Cannabis (ECI) Ltd.
Monitor
AlixPartners
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Bourque | Court of King's Bench of Alberta | 7 orders, Mar 2025 – Apr 2025 | 28 cases on record |
| Justice Jones | Court of King's Bench of Alberta | 6 orders, Sep 2024 – Oct 2024 | 63 cases on record |
| Justice Harris | Court of King's Bench of Alberta | 4 orders, Nov 2024 – Feb 2025 | 21 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorCanopy Growth Corporation and 10663824 Canada Inc | Cassels Brock & Blackwell LLP | 10 Apr 2025 | Service list · 10 Apr 2025 |
| CreditorCertus Developments Inc | McLennan Ross LLP | 10 Jul 2024 | Service list · 10 Jul 2024 |
| CreditorFour20 | Stikeman Elliott LLP | 26 May 2025 | Factum · 26 May 2025 |
| CreditorMoneris | Goldman Sloan Nash & Haber LLP | 5 Feb 2025 | Service list · 5 Feb 2025 |
| CreditorNomos Capital I, L.P | Loopstra Nixon LLP | 5 Feb 2025 | Service list · 5 Feb 2025 |
| CreditorPalisades Edmonton Holdings Ltd | Witten LLP | 10 Jul 2024 | Service list · 10 Jul 2024 |
| CreditorRegistered Mail | Zeifmans LLP | 10 Apr 2025 | Service list · 10 Apr 2025 |
| CreditorStoke Finance Corp | Reconstruct LLP | 22 Apr 2025 | Service list · 22 Apr 2025 |
| CreditorStrathcona Building Inc | Swainson Miki Peskett LLP | 5 Feb 2025 | Service list · 5 Feb 2025 |
| CreditorStroke Finance Corp | Reconstruct LLP | 5 Feb 2025 | Service list · 5 Feb 2025 |
| CreditorTilray Inc | Blake, Cassels & Graydon LLP | 5 Feb 2025 | Service list · 5 Feb 2025 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Nomos Capital I-A LPPreliminary list of creditors, unaudited — debtor: 420 Investments Ltd. · as of 19 Sep 2024 | $1.06M | Preliminary List of Creditors as at September 19, 2024 |
82 more claims across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings
Unsecured creditors: a distribution. Stoke Canada Finance Corp. paid in full.Under the plan · implementedAmended Application · 4 Jun 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Deemed trust | — | — | paid in full | Under the planimplementedper the court | Plan Sanction Order · 3 Jun 2025 |
| Secured | Stoke Claim | — | paid in full | Under the planimplementedper the debtor | Application · 14 Mar 2025 |
| SecuredStoke Claim (secured creditor of 420 OpCo) | Stoke Canada Finance Corp. | — | paid in full | Under the planimplementedper the debtor | Amended Application · 4 Jun 2025 |
| Unsecured | — | — | a distributionconditional | Under the planimplementedper the debtor | Amended Application · 4 Jun 2025 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
2 stated figures across 4 outcomes, each sourcedSubscribe to view
Fees and ratesAs stated in the filings
2 engagements · 2 firms — latest: Bennett Jones LLP, 4 Apr 2024 – 31 May 2025Fifth Report of the Monitor · 2 Jun 2025
| Firm | Period | Hours | Fees | Rates | Source |
|---|---|---|---|---|---|
| Bennett Jones LLPCounsel to the monitor | 4 Apr 2024 – 31 May 2025 | — | — | — | Fifth Report of the Monitor · 2 Jun 2025 |
| KSV Restructuring Inc.Proposal trustee | 4 Apr 2024 – 31 May 2025 | — | — | — | Fifth Report of the Monitor · 2 Jun 2025 |
8 stated figures across 2 engagements, each sourcedSubscribe to view
Documents
102 filings
| Date | Document | File |
|---|---|---|
| Monitor's Certificate (Discharge of Monitor) dated September 26, 2025 | PDF · Subscribers | |
| Monitor's Certificate dated July 24, 2025 | PDF · Subscribers | |
| Monitor's Certificate (Plan Implementation) filed July 2, 2025 | PDF · Subscribers | |
Amended Application dated June 4, 2025
| PDF · Subscribers | |
Plan Sanction Order dated June 4, 2025
| PDF · Subscribers | |
| Sealing Order dated June 4, 2025 | PDF · Subscribers | |
| Termination and Discharge Order dated June 4, 2025 | PDF · Subscribers | |
King's Bench Order Civil dated June 3, 2025
| PDF · Subscribers | |
Fifth Report of the Monitor dated June 2, 2025
| PDF · Subscribers | |
| Sealing Application dated June 2, 2025 | PDF · Subscribers | |
| Affidavit of S. Morrow sworn May 26, 2025 | PDF · Subscribers | |
Application dated May 26, 2025
| PDF · Subscribers | |
| Book of Authorities of the Applicant dated May 26, 2025 | PDF · Subscribers | |
Brief of the Applicant dated May 26, 2025
| PDF · Subscribers | |
Plan of Arrangement of 420 Investments Ltd. et al. dated May 8, 2025
| PDF · Subscribers | |
| Reasons for Decision dated May 7, 2025 | PDF · Subscribers | |
| Affidavit of Kylee Norris-Brown sworn April 25, 2025 | PDF · Subscribers | |
| Brief of Respondents dated April 25, 2025 | PDF · Subscribers | |
Fourth Report of the Monitor dated April 25, 2025
| PDF · Subscribers | |
| Tilray Compendium of Evidence dated April 25, 2025 | PDF · Subscribers | |
| Affidavit of Carl Merton affirmed April 24, 2025 | PDF · Subscribers | |
Application dated April 23, 2025
| PDF · Subscribers | |
| Brief of the Applicants dated April 23, 2025 | PDF · Subscribers | |
Service List dated April 22, 2025
| PDF · Subscribers | |
| Book of Authorities of the Applicants dated April 21, 2025 | PDF · Subscribers | |
| Affidavit No. 8 of S. Morrow sworn April 17, 2025 | PDF · Subscribers | |
Service List dated April 10, 2025
| PDF · Subscribers | |
| Convenience Election | PDF · Subscribers | |
Supplement to the Third Report of the Monitor dated April 8, 2025
| PDF · Subscribers | |
Amended Plan of Arrangement dated April 7, 2025
| PDF · Subscribers | |
| Notice to Creditors dated April 2, 2025 | PDF · Subscribers | |
Sealing Order dated April 1, 2025
| PDF · Subscribers | |
Creditor's Meeting Order dated March 27, 2025
| PDF · Subscribers | |
Creditors' Meeting Order dated March 27, 2025
| PDF · Subscribers | |
| Reasons for Decision dated March 27, 2025 | PDF · Subscribers | |
Reasons for Decision of Justice M.H. Bourque filed March 27, 2025
| PDF · Subscribers | |
Stay Extension Order dated March 27, 2025
| PDF · Subscribers | |
Sealing Order dated March 18, 2025
| PDF · Subscribers | |
Application Returnable March 14, 2025
| PDF · Subscribers | |
| Bench Brief of the Respondents dated March 14, 2025 | PDF · Subscribers | |
| Form of Affected Creditor Proxy | PDF · Subscribers | |
| Book of Authorites of the Respondents dated March 13, 2025 | PDF · Subscribers | |
| Affidavit No. 7 of Scott Morrow sword March 12, 2025 | PDF · Subscribers | |
Sealing Order Application filed March 11, 2025
| PDF · Subscribers | |
Third Report of the Monitor dated March 11, 2025
| PDF · Subscribers | |
| Affidavit of L. Roy sworn on March 7, 2025 | PDF · Subscribers | |
| Application dated March 7, 2025 | PDF · Subscribers | |
| Bench Brief of High Park Shops dated March 7, 2025 | PDF · Subscribers | |
| Affidavit of C. Merton affirmed on March 6, 2025 | PDF · Subscribers | |
| Affidavit of Scott Morrow sworn March 4, 2025 | PDF · Subscribers | |
| Book of Authorities of the Applicants dated March 4, 2025 | PDF · Subscribers | |
| Brief of the Applicants dated March 4, 2025 | PDF · Subscribers | |
Order of Justice Harris filed February 14, 2025
| PDF · Subscribers | |
Application dated February 12, 2025
| PDF · Subscribers | |
| Second Report of the Monitor filed February 7, 2025 | PDF · Subscribers | |
Service List dated February 5, 2025
| PDF · Subscribers | |
| Affidavit No. 5 of Scott Morrow sworn February 3, 2025 | PDF · Subscribers | |
| Debtors’ Application for Stay Extension dated December 5, 2024 | PDF · Subscribers | |
Order dated December 5, 2024
| PDF · Subscribers | |
Sealing Order dated December 5, 2024
| PDF · Subscribers | |
| Stay Extension Application dated December 5, 2024 | PDF · Subscribers | |
| First Report of the Monitor filed November 29, 2024 | PDF · Subscribers | |
Sealing Order Application dated November 29, 2024
| PDF · Subscribers | |
| Affidavit of Scott Morrow sworn November 25, 2024 | PDF · Subscribers | |
Reasons for Decision of the Honourable Justice Colin C.J. Feasby dated October 16, 2024
| PDF · Subscribers | |
Order Approving Sale and Investment Solicitation Process dated October 2, 2024
| PDF · Subscribers | |
| Teaser and SISP Procedures | PDF · Subscribers | |
| Notice to Creditors | PDF · Subscribers | |
| 420 - Claims Package | PDF · Subscribers | |
| 420 - Creditor Listing dated September 19, 2024 | PDF · Subscribers | |
Amended and Restated Order dated September 19, 2024
| PDF · Subscribers | |
Application Amended and Restated CCAA Initial Order dated September 19, 2024
| PDF · Subscribers | |
Approving Sale Order dated September 19, 2024
| PDF · Subscribers | |
Claims Procedure Order dated September 19, 2024
| PDF · Subscribers | |
Initial Order dated September 19, 2024
| PDF · Subscribers | |
| Originating Application dated September 19, 2024 | PDF · Subscribers | |
Preliminary List of Creditors as at September 19, 2024
| PDF · Subscribers | |
| Affidavit of J. Watts sworn September 18, 2024 | PDF · Subscribers | |
| Third Report of the Proposal Trustee dated September 13, 2024 | PDF · Subscribers | |
| Affidavit of Scott Morrow sworn September 10, 2024 | PDF · Subscribers | |
| Application dated September 10, 2024 | PDF · Subscribers | |
| Bench Brief of the Applicants dated September 10, 2024 | PDF · Subscribers | |
| Book of Authorities dated September 10, 2024 | PDF · Subscribers | |
| Originating Application dated September 10, 2024 | PDF · Subscribers | |
| Court Order re Stay Extension and Misc Relief dated August 12, 2024 | PDF · Subscribers | |
| Second Report of the Proposal Trustee dated August 8, 2024 | PDF · Subscribers | |
| 2nd Affidavit of S. Morrow sworn August 6, 2024 | PDF · Subscribers | |
| Application for Stay Extension and Miscellaneous Relief dated August 6, 2024 | PDF · Subscribers | |
Service List as at July 10, 2024
| PDF · Subscribers | |
Court Order dated June 27, 2024
| PDF · Subscribers | |
| Affidavit of C. Merton affirmed June 24, 2024 | PDF · Subscribers | |
| First Report of the Proposal Trustee dated June 24, 2024 | PDF · Subscribers | |
| Affidavit of Scott Morrow sworn June 19, 2024 | PDF · Subscribers | |
| Application for Stay Extension and Miscellaneous Relief dated June 19, 2024 | PDF · Subscribers | |
| Book of Authorities to the Brief of the Applicant dated June 19, 2024 | PDF · Subscribers | |
| Brief of the Applicants dated June 19, 2024 | PDF · Subscribers | |
| 420 Investments Ltd. - Notice to Creditors | PDF · Subscribers | |
| 420 Premium Markets Ltd. - Notice to Creditors | PDF · Subscribers | |
| Certificate for the Notice of Intention - 420 Investments Ltd. | PDF · Subscribers | |
| Certificate for the Notice of Intention - 420 Premium Markets Ltd. | PDF · Subscribers | |
| Certificate for the Notice of Intention - Green Rock Cannabis (ECI) Ltd. | PDF · Subscribers | |
| Green Rock Cannabis (EC1) Ltd. - Notice to Creditors | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “420 Investments Ltd., 420 Premium Markets Ltd. and Green Rock Cannabis (ECI) Ltd.” (CCAA), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/420-investments-ltd-420-premium-markets-ltd-and-green-rock-cannabis-eci-ltd