Atlas Biotechnologies Inc. and Atlas Growers Ltd.
Follow- Proceeding
- Receivership (court-appointed)BIA s. 243 / prov. Judicature Acts
- File
- 2303 10341
Atlas Biotechnologies Inc. and Atlas Growers Ltd. are the subject of a closed insolvency proceeding under the Bankruptcy and Insolvency Act in the Court of King's Bench of Alberta, court file 2303 10341. The proceeding commenced on June 26, 2023, the date on which a receivership order was pronounced against the two companies. The record of the file contains no further dated steps, and the matter is now recorded as closed.
Service Letter re Application Final Distribution and Discharge of Receiver — Application / notice of application
Receiver's Certificate - Facility Lands - Filed June 17, 2025 - 4163-0561-5197 v1 — Court officer certificate
SIGNED - Service letter re serving filed Receiver's Certificate - June 18, 2025 - 4156-1486-6781 v1 — Court officer certificate
Approval and Vesting Order (Sale by Receiver) - facility lands - Filed August 27, 2024 (Certified Copy) — Approval and vesting order
Application re facility lands sale - ret. August 21, 2024 - Filed August 12, 2024 — Application / notice of application
SIGNED - Service letter re serving unfiled Nov. 2, 2023 hearing materials - Oct. 23, 2023 — Stakeholder communication
Receivership order pronounced against Atlas Biotechnologies Inc. and Atlas Growers Ltd., commencing the proceeding in Court of King's Bench of Alberta file 2303 10341.
Debtor
Atlas Biotechnologies Inc. and Atlas Growers Ltd.
Receiver
EY
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Mah | Court of King's Bench of Alberta | 1 order, Apr 2026 | 57 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| ReceiverEY | Duncan & Craig LLP | 15 Apr 2026 | Application · 15 Apr 2026 |
| CreditorFortisAlberta Inc | Dla Piper LLP | 15 Apr 2026 | Application · 15 Apr 2026 |
| CreditorHudson Energy Canada Corp | Osler, Hoskin & Harcourt LLP | 15 Apr 2026 | Application · 15 Apr 2026 |
| CreditorLac Ste. Anne County | Reynolds Mirth Richards & Farmer LLP | 15 Apr 2026 | Application · 15 Apr 2026 |
| CreditorMelt Brands Inc | Dla Piper LLP | 15 Apr 2026 | Application · 15 Apr 2026 |
| CreditorRage Studios Inc. o / a Vimark Solutions | Dla Piper LLP | 15 Apr 2026 | Application · 15 Apr 2026 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) - GST/Excise Tax · in 926 casesDeemed trust claim (GST, including Excise Tax on cannabis products) — Amount per claim confirmed to CRA; includes Excise Taxes payable on cannabis products; Receiver's legal counsel is completing a future priority opinion regarding the Excise Tax component; classified as deemed-trust class indebtedness. — debtor: Atlas Biotechnologies Inc. and Atlas Growers Ltd. | $3.4M | Filed-2023-10-23-Receiver's-First-Report |
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) - Source Deductions · in 926 casesDeemed trust claim (source deductions) — Amount per claim confirmed to CRA; classified as deemed-trust class indebtedness. — debtor: Atlas Biotechnologies Inc. and Atlas Growers Ltd. | $137K | Filed-2023-10-23-Receiver's-First-Report |
| 4 | Secured | Sherwood Credit and Leasing Inc. (SCL)Registered PPSA security interest (financing lease) against 2022 Chevrolet Silverado; Receiver's counsel determined the SCL lease to be a financing lease (not a true lease), valid and enforceable — Lease buyout/payout statement amount as of buyout issue date; vehicle subsequently released to SCL by Receiver after payment of calculated equity of $2,045.38 plus $775.00; security realized/satisfied via this release. — debtor: Atlas Growers Ltd. · as of 30 Aug 2023 | $64K | Filed-2023-10-23-Receiver's-First-Report |
| 4 | Secured | Her Majesty the Queen in Right of Canada (Service Canada) - WEPPA · in 9 casesas of Receiver's First Report date — Statutory superpriority charge under the Wage Earner Protection Program Act ranking in priority to other secured creditors over the current assets of Atlas — Represents the portion of WEPPA payments made by Service Canada to date ($90,750.34 total paid) that constitutes a secured super-priority charge; remaining employee claims still being monitored. — debtor: Atlas Biotechnologies Inc. and Atlas Growers Ltd. | $18.8K | Filed-2023-10-23-Receiver's-First-Report |
| 4 | Secured | Agriculture Financial Services Corporation (AFSC) · in 3 casesRegistered security interest over all present and after-acquired personal property of Atlas Growers and Atlas Bio (PPR); mortgage registered against the Facility Lands (Atlas Bio) — Amount of indebtedness not stated in this report; Receiver's counsel security opinion re AFSC security against Personal Property and Facility Lands still in progress (para 50); AFSC is the petitioning/plaintiff creditor in these receivership proceedings. — debtor: Atlas Growers Ltd. and Atlas Biotechnologies Inc. | — | Filed-2023-10-23-Receiver's-First-Report |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Unsecured creditors: no distribution. Receiver General $20K · CRA $92.8K · AFSC $972K.EstimatedAtlas Biotechnologies Inc. Bankruptcy Creditor Package · 22 Feb 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| WEPPA | Receiver General | — | $20K | per the receiver | Receiver's Sixth Report · 6 Apr 2026 |
| Deemed trust | CRA | — | $92.8K | per the receiver | Receiver's Sixth Report · 6 Apr 2026 |
| Secured | lower priority secured creditors and unsecured creditors | — | no distribution | per the receiver | Receiver's Sixth Report · 6 Apr 2026 |
| Secured | AFSC | — | $972K | per the receiver | Receiver's Sixth Report · 6 Apr 2026 |
| Secured | Bonsai | — | $46.6K | per the receiver | Receiver's Sixth Report · 6 Apr 2026 |
| Secured | County | — | $1.17M | per the receiver | Receiver's Sixth Report · 6 Apr 2026 |
| Secured | Custom Cannabis | — | no distribution | Estimatedper the receiver | Receiver's Third Report - Filed May 1, 2024 · 1 May 2024 |
| Unsecured | — | — | no distribution | Estimatedper the trustee | Atlas Biotechnologies Inc. Bankruptcy Creditor Package · 22 Feb 2024 |
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.
| Date | Document | File |
|---|---|---|
Order Final Distribution and Discharge of Receiver
| ||
Service Letter re Application Final Distribution and Discharge of Receiver
| ||
| Brief of Receiver for Approval of Receiver's Fees, Distribution and Discharge | ||
| Draft Order for Final Distributions, Approval of Fees and Discharge | ||
Receiver's Sixth Report
| ||
| Receiver's Certificate - Facility Lands - Filed June 17, 2025 - 4163-0561-5197 v1 | ||
| SIGNED - Service letter re serving filed Receiver's Certificate - June 18, 2025 - 4156-1486-6781 v1 | ||
| Approval and Vesting Order (Sale of Facility Lands) | ||
Temporary Sealing Order
| ||
| Application re Sale of Lands | ||
| Service Letter | ||
| Receiver's Fifth Report | ||
| Affidavit of Service re serving August 21, 2024 hearing materials - Filed August 19, 2024 | ||
| Receiver's Fourth Report - Filed August 12, 2024 | ||
Amending Order - Filed August 27, 2024
| ||
| Approval and Vesting Order (Sale by Receiver) - facility lands - Filed August 27, 2024 (Certified Copy) | ||
| Application re facility lands sale - ret. August 21, 2024 - Filed August 12, 2024 | ||
| Service Letter June 5, 2024 | ||
| Receiver's Certificate - Sale of Residential Lands | ||
| Filed - Approval and Vesting Order | ||
| DRFAT - Approval and Vesting Order | ||
| Service letter re serving May 13, 2024 hearing materials | ||
| WEBEX CONFIRMATION: 2303 10341 - AGRICULTURE FINANCIAL SERVICES CORP. v. ATLAS BIOTECHNOLOGIES INC.; - May 13, 2024 03:30 PM - NEILSON, J - Confirmed | ||
Receiver's Third Report - Filed May 1, 2024
| ||
Atlas Biotechnologies Inc. Bankruptcy Creditor Package
| ||
Atlas Growers Ltd. Bankruptcy Creditor Package
| ||
| Receiver's Certificate - Sale Agreement | ||
| Bankruptcy Order | ||
| Application Bench Brief | ||
| Letter to Service List | ||
| Application by Receiver | ||
| DRAFT - Approval and Vesting Order | ||
| Receiver's Second Report | ||
| Receiver's Second Report - Part 2/2 | ||
| Webex Confirmation for January 23, 2024 Hearing | ||
| Approval and Vesting Order | ||
| Filed-2023-10-23-Application | ||
Filed-2023-10-23-Receiver's-First-Report
| ||
| SIGNED - Service letter re serving unfiled Nov. 2, 2023 hearing materials - Oct. 23, 2023 | ||
| Submitted -2023-10-23-Draft-Order (PDF) | ||
| WEBEX CONFIRMATION | ||
| Atlas - Invitation for Offers | ||
| Affidavit of Alain DeBlois - Filed June 19, 2023 | ||
Notice and Statement of Receiver
| ||
Receivership Order filed June 28, 2023
| ||
Affidavit of Alain Deblois
| ||
| Application for Receiver Filed June 19, 2023 | ||
Application for Receiver and Trustee in Bankrupt
| ||
| Supplemental Affidavit Filed June 19, 2023 | ||
| Supplemental Affidavit of Alain Deblois | ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Atlas Biotechnologies Inc. and Atlas Growers Ltd.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/atlas-biotechnologies-inc-and-atlas-growers-ltd