Field Trip Health & Wellness Ltd. and Field Trip Health Holdings Inc., Field Trip Health Canada Inc., and Field Trip Digital Canada Inc. and Field Trip Health USA Inc
FollowActive
- Proceeding
- CCAACompanies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
- File
- CV-23-00696599-00CL
Filings held40
Last activity13 Dec 2024
On the record1,270 days
OverviewSummary updated
Field Trip Health & Wellness Ltd., together with Field Trip Health Holdings Inc., Field Trip Health Canada Inc., Field Trip Digital Canada Inc. and Field Trip Health USA Inc., has been under CCAA protection since March 22, 2023 before the Ontario Superior Court of Justice, and the proceedings remain active. The group's filed list of creditors with claims of $1,000 and more is dominated by intercompany exposures: Field Trip Health Holdings owes Field Trip Health & Wellness $15,119,030.20, and Field Trip Health USA owes Field Trip Health Holdings $7,787,973.57. Among third-party claims, the largest are BAT Wynwood LLC at $147,095.55 and Miller Thomson LLP at $113,282.50, followed by a substantial number of US landlords, professional firms and service providers owed sums in the tens of thousands.
Proceedings AIAsk this case — answers cite the filings
Case updates40 dated entries
#Report
The officer filed report no. Sixth Report. The Applicants have no ongoing business operations following prior asset sales; the Monitor is winding down the estate on a 'care and maintenance' basis, pursuing collection of residual assets such as an HST refund and potential Employee Retention Credit claims, and preparing for a possible wind-down/bankruptcy strategy.
Source: Sixth Report of the Monitor
37 earlier updates, back to 31 March 2023 — subscribers.
Parties
Debtor
Field Trip Health & Wellness Ltd. and Field Trip Health Holdings Inc., Field Trip Health Canada Inc., and Field Trip Digital Canada Inc. and Field Trip Health USA Inc
Monitor
PwC
Bench and counselPer the orders and service lists on the record
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Conway | Ontario Superior Court of Justice | 5 orders, Mar 2023 – May 2023 | 285 cases on record |
| Justice Black | Ontario Superior Court of Justice | 2 orders, Jun 2024 – Dec 2024 | 176 cases on record |
| Justice Cavanagh | Ontario Superior Court of Justice | 2 orders, Dec 2023 | 288 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| MonitorPwC | Thornton Grout Finnigan LLP | 16 Jun 2023 | Service list · 16 Jun 2023 |
| ApplicantField Trip Health & Wellness Ltd. and Field Trip Health Holdings Inc., Field Trip Health Canada Inc., and Field Trip Digital Canada Inc. and Field Trip Health USA Inc | Miller Thomson LLP | 22 Mar 2023 | Order · 22 Mar 2023 |
| CreditorLandlord | Fij Law LLP | 16 Jun 2023 | Service list · 16 Jun 2023 |
| CreditorStella MSO LLC | Blake, Cassels & Graydon LLP | 16 Jun 2023 | Service list · 16 Jun 2023 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Field Trip Health & Wellnessrelated party - intercompany — debtor: FTHH | $15.1M | List of Creditors |
Sale processAs stated in the filings
6 transactions · 4 closed · 2 proposed — The SISP is substantially complete, resulting in various asset and lease transactions but did not generate significant sale proceeds.Fourth Report of the Monitor · 9 Jun 2023
| Purchaser | Price | Status | Source |
|---|---|---|---|
| William Mahfoodsubstantially all of the assets located at or connected to Field Trip's research and cultivation facility located in Jamaica · asset sale · agreement 28 Apr 2023 | Subscribers | Proposed | Second Report of the Monitor |
| purchaser of the Applicants' Jamaican assets and property, unnamedsubstantially all of the Applicants' Jamaican assets and property · asset sale | not stated | Closed15 May 2023 | Third Report of the Monitor |
| third party assignee of Fredericton lease, unnamedthe lease and certain equipment at the Company's health clinic located in Fredericton, New Brunswick · asset sale | Subscribers | Proposed | Third Report of the Monitor |
| Clerkenwella non-exclusive license to use, reproduce, and modify the Applicants' patient, therapist, and client portal (the 'Portal') · asset sale · agreement 18 May 2023 | Subscribers | Closed | Fourth Report of the Monitor |
| Canadian Centre for Psychedelic Healing Sault Ste. Marie Inc.substantially all of the assets located at or connected to Field Trip's Toronto and Vancouver clinics · asset sale · agreement 20 May 2023 | Subscribers | Closed9 Jun 2023 | Fourth Report of the Monitor |
| Stella MSO LLCcertain assets, including equipment, intellectual property, and the assignment of the lease agreements for some or all of the health clinics located in New York, Washington D.C., and San Carlos, California · asset sale · agreement 21 May 2023 | Subscribers | Closed7 Jun 2023 | Fourth Report of the Monitor |
Estate financialsReported figures — never derived
Cumulative receipts
$6.73K
As at 5 Jun 2024Sixth Report of the Monitor
Documents
40 filings
| Date | Document | File |
|---|---|---|
Stay Extension Order (re Stay Period to December 13, 2024)
| PDF · Subscribers | |
Endorsement of J Black (re Stay Extension Order)
| PDF · Subscribers | |
| Motion Record of the Monitor (re Stay Extension Order) | PDF · Subscribers | |
Sixth Report of the Monitor
| PDF · Subscribers | |
Endorsement of J Cavanagh re Stay Extension Order
| PDF · Subscribers | |
Stay Extension Order
| PDF · Subscribers | |
Fifth Report of the Monitor
| PDF · Subscribers | |
| Motion Record of the Monitor | PDF · Subscribers | |
Service List
| PDF · Subscribers | |
| Endorsement of J Centa | PDF · Subscribers | |
Enhanced Monitor's Powers Order
| PDF · Subscribers | |
| Book of Authorities of the Applicants | PDF · Subscribers | |
| Factum of the Applicants | PDF · Subscribers | |
Fourth Report of the Monitor
| PDF · Subscribers | |
| Motion Record of the Applicants (re Stay Extension Order and the Enhanced Monitor’s Powers Order) | PDF · Subscribers | |
| CCFPH Order | PDF · Subscribers | |
Endorsement of J Steele
| PDF · Subscribers | |
| Stella Approval Order | PDF · Subscribers | |
| Motion Record of the Applicants (re CCFPH Order and Stella Approval Order) | PDF · Subscribers | |
Third Report of the Monitor
| PDF · Subscribers | |
| Approval and Vesting Order | PDF · Subscribers | |
Endorsement of J Conway (re Stay Extension, Increase in Administration Charge Order
| PDF · Subscribers | |
| Factum of the Applicants returnable May 2, 2023 | PDF · Subscribers | |
| Motion Record of the Applicants returnable May 2, 2023 | PDF · Subscribers | |
Stay Extension, Increase in Administration Charge Order
| PDF · Subscribers | |
Second Report of the Monitor
| PDF · Subscribers | |
Amended and Restated Initial Order
| PDF · Subscribers | |
| Endorsement of J McEwen | PDF · Subscribers | |
First Report of the Monitor to the Court
| PDF · Subscribers | |
SISP
| PDF · Subscribers | |
SISP Order
| PDF · Subscribers | |
List of Creditors
| PDF · Subscribers | |
| Notice to Creditors | PDF · Subscribers | |
| Application Record of the Applicants (re Amended and Restated Initial Order and SISP Order) | PDF · Subscribers | |
| First Report of the Monitor | PDF · Subscribers | |
Amended Initial Order
| PDF · Subscribers | |
Endorsement of Justice Conway
| PDF · Subscribers | |
Initial Order
| PDF · Subscribers | |
| Application Record of the Applicants | PDF · Subscribers | |
| Pre-Filing Report of the Monitor | 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., “Field Trip Health & Wellness Ltd. and Field Trip Health Holdings Inc., Field Trip Health Canada Inc., and Field Trip Digital Canada Inc. and Field Trip Health USA Inc” (CCAA), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/field-trip-health-wellness-ltd-and-field-trip-health-holdings-inc-field-trip-hea