Proceedings.

Choom Holdings Inc., Choom BC Retail Holdings Inc., Phivida Holdings Inc., 2151414 Alberta Ltd. and 2688412 Ontario Inc.

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Proceeding
CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
Court
Supreme Court of British Columbia
File
S-223311
Industry
Cannabis · Cannabis retail
Filings held28
Last activity24 Jan 2025
On the record1,658 days
OverviewSummary updated

Choom Holdings Inc. is the subject of proceedings under the Bankruptcy and Insolvency Act in the Supreme Court of British Columbia, together with Choom BC Retail Holdings Inc., Phivida Holdings Inc., 2151414 Alberta Ltd. and 2688412 Ontario Inc. The proceedings began on April 22, 2022, when the court made an initial order, and are carried on court file number S-223311. The matter remains active.

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Case updates28 dated entries
#Sale

The court granted an approval and vesting order for the sale to High Tide Inc. Closing terms, as extracted: Vacant possession delivered at 12:00 noon on Closing Date; parties may extend Closing Date by agreement; Early Closing Joint Elections permitted for BC/AB/ON stores separately.

Source: Form of Approval and Vesting Order

#Order

Initial order made, commencing the proceedings in the Supreme Court of British Columbia under court file S-223311 in respect of Choom Holdings Inc. and the four related companies.

Source: Initial Order

Parties

Debtor

Choom Holdings Inc., Choom BC Retail Holdings Inc., Phivida Holdings Inc., 2151414 Alberta Ltd. and 2688412 Ontario Inc.

Monitor

EY

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)Canada Revenue Agency · in 985 casesOutstanding sales taxes (deemed trust class); majority accrued prior to or in first six months of COVID-19 pandemic; Op Cos still working to address this amount. — debtor: Op Cos$450KAffidavit No. 1 of D. Murray
4Secured
4Secured
4Secured
4Secured

4 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Secured claims.

Every creditor and every amount, drawn to scale.

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Sale processAs stated in the filings

2 transactions · 1 approved · 1 closed — Purchase Agreement approved as commercially reasonable and vesting order grantedForm of Approval and Vesting Order · 8 Jul 2022

Parties solicited

50

Second Report of the Monitor

NDAs signed

22

Second Report of the Monitor

Letters of intent

6

Second Report of the Monitor

Qualified bids

5

Second Report of the Monitor

PurchaserPriceStatusSource
High Tide Inc.the assets described in the Purchase Agreement (the 'Purchased Assets') · asset sale · nominee/assignee: Canna Cabana Inc. · agreement 28 Jun 2022SubscribersApproved8 Jul 2022Form of Approval and Vesting Order
unnamedthe Store Assets and Inventory Assets of the BC Stores (the "BC Assets")not statedCloseddate not statedMonitor's Certificates (BC and AB Assets)
Closing termsVacant possession delivered at 12:00 noon on Closing Date; parties may extend Closing Date by agreement; Early Closing Joint Elections permitted for BC/AB/ON stores separatelyForm of Approval and Vesting Order
Estate financialsReported figures — never derived
Total assets at filing

As at ·

The total the debtor stated at filing

Each one as the filing states it, with its source.

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Documents
28 filings
DateDocumentFile
Service List (January 24, 2025)PDF · Subscribers
Creditor Package
PDF · Subscribers
Certificate of AppointmentPDF · Subscribers
Choom - List of Creditors as at April 22, 2022 (updated September 21, 2022)PDF · Subscribers
Monitor's Certificate Ontario Assets
  • Closing confirmed Closed · date not stated
PDF · Subscribers
Monitor's Certificates (BC and AB Assets)
  • Closing confirmed Closed · date not stated; Closed · date not stated
PDF · Subscribers
Second Report of the Monitor
  • Process results 50 solicited · 22 NDAs · 6 LOIs · 5 qualified bids · 4 bids · as of 16 Jun 2022
  • Purchaser High Tide Inc. · nominee/assignee Canna Cabana Inc. · the assets and operations of the Petitioners · asset sale · proposed
  • Sale outcome Approval pending — The High Tide Agreement is the highest and best offer resulting from the SISP and the Petitioners are seeking approval of the transaction
  • Stalking horse Subscribers
PDF · Subscribers
Affidavit #5 of Dylan MurrayPDF · Subscribers
BLACKLINE ARIO to Draft form of Further Amended and Restated Initial Order
  • Order date 28 July 2022
  • Stay expiry 31 August 2022
PDF · Subscribers
Filed Notice of ApplicationPDF · Subscribers
Form of Approval and Vesting Order
  • Closing terms Vacant possession delivered at 12:00 noon on Closing Date; parties may extend Closing Date by agreement; Early Closing Joint Elections permitted for BC/AB/ON stores separately
  • Order date 8 July 2022
  • Purchaser High Tide Inc. · the assets described in the Purchase Agreement (the 'Purchased Assets') · asset sale · approved
  • Sale outcome Sale approved — Purchase Agreement approved as commercially reasonable and vesting order granted
  • + 1 more extracted fact
PDF · Subscribers
Further Amended and Restated Initial Order
  • Order date 8 July 2022
  • Presiding officer Justice Groves
  • Stay expiry 31 August 2022
PDF · Subscribers
Index to Application Record - Sale ApprovalPDF · Subscribers
Index to Book of Authorities of ChoomPDF · Subscribers
NE Model Approval and Vesting Order to Form of Approval and Vesting OrderPDF · Subscribers
Affidavit of D. MurrayPDF · Subscribers
Order Made After Application - May 2, 2022
  • Presiding officer Justice Groves
PDF · Subscribers
Sealing Order
  • Presiding officer Justice Groves
PDF · Subscribers
First Report of the Monitor Dated April 29, 2022
PDF · Subscribers
Affidavit No.3 of D. Murray Sworn April 28, 2022PDF · Subscribers
Application Record - Comeback HearingPDF · Subscribers
Notice of ApplicationPDF · Subscribers
Sworn Affidavit No. 4 of D. MurrayPDF · Subscribers
Notice of Application (ARIO)PDF · Subscribers
Initial Order
  • Applicant CHOOM HOLDINGS INC., CHOOM BC RETAIL HOLDINGS INC., 2151414 ALBERTA LTD., 2688412 ONTARIO INC. AND PHIVIDA HOLDINGS INC.
  • Appointee Ernst & Young Inc.
  • Appointee role Monitor
  • Commencement date 22 April 2022
  • + 6 more extracted facts
PDF · Subscribers
Notice of HearingPDF · Subscribers
Petition to the Court
  • Applicant Choom Holdings Inc., Choom BC Retail Holdings Inc., 2151414 Alberta Ltd., 2688412 Ontario Inc. and Phivida Holdings Inc.
  • Appointee Ernst & Young Inc.
  • Appointee role proposed monitor
  • Court IN THE SUPREME COURT OF BRITISH COLUMBIA
  • + 3 more extracted facts
PDF · Subscribers
Affidavit No. 1 of D. Murray
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., “Choom Holdings Inc., Choom BC Retail Holdings Inc., Phivida Holdings Inc., 2151414 Alberta Ltd. and 2688412 Ontario Inc.” (CCAA), Supreme Court of British Columbia. Retrieved 4 November 2026, https://proceedings.ca/case/choom-holdings-inc-choom-bc-retail-holdings-inc-phivida-holdings-inc-2151414-alb

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Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/choom-holdings-inc-choom-bc-retail-holdings-inc-phivida-holdings-inc-2151414-alb

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.