Proceedings.

Entourage Health Corp.

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Proceeding
CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
Court
Ontario Superior Court of Justice · Commercial List
File
CL-26-00000281-0000
Filings held20
Last activity3 Sep 2026
On the record96 days
OverviewSummary updated

Entourage Health Corp. and six affiliates, including Entourage Brands Corp., Starseed Holdings Inc., North Star Wellness Inc. and CannTx Life Sciences Inc., have been under CCAA protection in the Ontario Superior Court of Justice (Commercial List) since June 17, 2026, with Ernst & Young Inc. as monitor under court file CL-26-00000281-0000. The initial order stayed proceedings to June 29, 2026 and created an administration charge and a directors' charge, each capped at $250,000. The monitor's First Report of June 25, 2026 recorded cash on hand of CAD $1,046 thousand, a workforce of 22 following the termination of approximately 53 employees, continued operation of the medical business and a wind-down of the adult-use business through disposition of inventory. On June 29, 2026 the court approved a sale process with a bid deadline of July 30, 2026.

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Case updates21 dated entries

18 earlier updates, back to 17 June 2026 subscribers.

Filing brief

Entourage Health: the lender is also the owner

A union pension fund put equity into a cannabis company in 2019, kept lending, bought out the bank, and took all the shares in 2025. By June 2026 it was owed about $240.1 million by a company it owns — and it applied to put that company into CCAA. The process now being built exists largely to prove it is not being run for the applicant's benefit.

Parties

Debtor

Entourage Health Corp.

Applicant

"2437653 Ontario Inc., an affiliate of the LiUNA Pension Fund of Central and Eastern Canada"

Monitor

EY

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MyersOntario Superior Court of Justice3 orders, Jun 2026103 cases on record
Justice CavanaghOntario Superior Court of Justice2 orders, Aug 2026288 cases on record

Counsel of record

PartyCounselFirst seenSource
MonitorEYFasken Martineau DuMoulin LLP27 Aug 2026Order · 27 Aug 2026
Applicant"2437653 Ontario Inc., an affiliate of the LiUNA Pension Fund of Central and Eastern Canada"Goodmans LLP16 Jun 2026Factum · 16 Jun 2026
DebtorEntourage Health Corp.Dentons Canada LLP10 Jul 2026Service list · 10 Jul 2026
PurchaserMiller Thomson LLP3 Sep 2026Service list · 3 Sep 2026
CreditorAurora CannabisStikeman Elliott LLP10 Jul 2026Service list · 10 Jul 2026
CreditorsubordinatedGGFI LAW Gurminder Singh10 Jul 2026Service list · 10 Jul 2026
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Court-ordered chargesAdministration Charge — First – Administration Charge (to the maximum amount of $250,000)$250KInitial Order

142 more claims across lower-ranking classes

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Sale processAs stated in the filings

Sale approvedCourt approving the reverse vesting Subscription Agreement following the SISPEndoresement for Reverse Vesting Order and Anchillary Relief Order,… · 27 Aug 2026

Bid deadline (round closed)

30 July 2026

SISP Approval Order

PurchaserPriceStatusSource
1000460405 Ontario Inc.the Purchased Shares and Retained Assets · share subscription · ResidualCo: 1001724861 Ontario Inc. · agreement 20 Aug 2026SubscribersApproved27 Aug 2026outside 28 Aug 2026Endoresement for Reverse Vesting Order and…
AdvisorsErnst & Young Parthenon Corporate Finance Inc. (financial advisor)003 Second Report of the Monitor, dated August 20, 2026
Closing termsClosing occurs upon delivery of the Monitor's Certificate confirming satisfaction or waiver of conditions to closing, triggering the Implementation StepsApproval and Reverse Vesting Order, dated August 27, 2026
Sealed materialsConfidential Appendices 1 and 2 to the Second ReportEndoresement for Reverse Vesting Order and Anchillary Relief Order,…
RecoveriesAs stated in the filings

2437653 Ontario Inc.: shortfall.Estimated003 Second Report of the Monitor · 20 Aug 2026

ClassCreditorClaimsRecoveryBasisSource
SecuredApplicant (senior secured creditor)2437653 Ontario Inc.shortfallEstimatedper the monitor003 Second Report of the Monitor · 20 Aug 2026

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.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Cash on hand

$1.05M

As at 25 Jun 2026002 First Report of the Monitor

Documents
20 filings
DateDocumentFile
Service List dated September 3, 2026
  • Counsel Fasken Martineau Dumoulin LLP
PDF · Subscribers
Ancillary Relief Order, dated August 27, 2026
  • Counsel FASKEN MARTINEAU DuMOULIN LLP
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Approval and Reverse Vesting Order, dated August 27, 2026
  • Closing terms Closing occurs upon delivery of the Monitor's Certificate confirming satisfaction or waiver of conditions to closing, triggering the Implementation Steps
  • Purchaser 1000460405 Ontario Inc. · the Purchased Shares and Retained Assets · share subscription · approved
  • Residualco 1001724861 Ontario Inc.
  • Stalking horse Subscribers
PDF · Subscribers
Endoresement for Reverse Vesting Order and Anchillary Relief Order, dated August 27, 2026
  • Order date 27 August 2026
  • Purchaser 1000460405 Ontario Inc. · the Purchased Entities' business and assets, excluding a majority of equipment and bulk cannabis inventory · share subscription · approved
  • Residualco ResidualCo
  • Sale outcome Sale approved — Court approving the reverse vesting Subscription Agreement following the SISP
  • + 2 more extracted facts
PDF · Subscribers
Endorsement of Cavanagh, J., dated August 27, 2026
  • Presiding officer Justice Cavanagh
PDF · Subscribers
Motion Record, returnable August 27, 2026
  • Recovery outcome Entries: per estimated · Stated on: 2026-08-20 · Table missing:
PDF · Subscribers
Factum of the MonitorPDF · Subscribers
003 Second Report of the Monitor, dated August 20, 2026
  • Operational summary The Debtors have wound down much of the adult-use cannabis business while continuing to operate the Starseed medical platform at reduced levels, and are pursuing a going-concern sale of substantially all business and assets to a purchaser through a reverse vesting transaction following a completed SISP.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 9 more extracted facts
PDF · Subscribers
Service List
  • Counsel Stikeman Elliott LLP
PDF · Subscribers
Amended and Restated Initial Order
  • Order date 29 June 2026
  • Stay expiry 28 August 2026
PDF · Subscribers
SISP Approval Order
  • Bid deadline 30 July 2026
  • Counsel Goodmans LLP
  • Order date 29 June 2026
  • Break fee Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Factum of 2437653 Ontario Inc
  • Counsel Goodmans LLP
PDF · Subscribers
002 First Report of the Monitor
  • Operational summary The Debtors employ 22 people, having terminated approximately 53 employees in connection with wind-down of the adult-use business; the medical business continues to operate without significant disruption while the adult-use business is being wound down through disposition of inventory.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Creditor List
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Motion Record of 2437653 Ontario IncPDF · Subscribers
Endorsement
  • Presiding officer Justice F.L. Myers
PDF · Subscribers
Initial Order
  • Applicant 2437653 Ontario Inc.
  • Appointee Ernst & Young Inc.
  • Appointee role Monitor
  • Charges Subscribers
  • + 11 more extracted facts
PDF · Subscribers
001 Report of the Proposed Monitor
PDF · Subscribers
Factum of the Applicant - 2437653 Ontario Inc
  • Counsel Goodmans LLP
PDF · Subscribers
Application Record - 2437653 Ontario Inc
  • Applicant 2437653 Ontario Inc.
  • Appointee Ernst & Young Inc.
  • Appointee role Monitor
  • Commencement date 15 June 2026
  • + 3 more extracted facts
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., “Entourage Health Corp.” (CCAA), Ontario Superior Court of Justice · Commercial List. Retrieved 20 September 2026, https://proceedings.ca/case/entourage-health-corp

Sources last checked · summary updated 5 August 2026 · Report a correction · Printed from proceedings.ca/case/entourage-health-corp

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.