#Filing
Notice of Application (approval of the New Proposal) dated January 21, 2025 — Application / notice of application
Good Buds inc.
FollowActive
- Proceeding
- NOIsection 50.4(9) of the BIA
- File
- 11-3052361
Filings held10
Last activity21 Jan 2025
On the record929 days
OverviewSummary updated
Good Buds inc. filed a notice of intention to make a proposal under section 50.4 of the Bankruptcy and Insolvency Act in British Columbia, under estate no. 11-3052361. The list of creditors with claims of $250 or more filed with the notice shows $10,564,888.54 owed to Good Buds Company International Inc., a related company and the largest listed claim, $3,197,532.18 to the Receiver General for Canada on excise duty, $2,260,391.61 to Farm Credit Canada and $2,015,310.24 to Eric and Suzanne Rumi. Health Canada is listed at $26,182.94 and the Canada Revenue Agency at $5,440.33 for GST/HST. The proceeding is active.
Proceedings AIAsk this case — answers cite the filings
Case updates10 dated entries
Parties
Debtor
Good Buds inc.
Proposal trustee
Crowe MacKay
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Good Buds Company International Inc.as of NOI filing date — Related company; largest listed claim — debtor: Good Buds Company Inc. | $10.6M | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Receiver General for Canada-Exciseas of NOI filing date — Excise duty claim, deemed trust/regulatory class — debtor: Good Buds Company Inc. | $3.2M | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Farm Credit Canada · in 34 casesas of NOI filing date — Listed without security classification stated in document; Farm Credit Canada is commonly a secured lender but security not specified here — debtor: Good Buds Company Inc. | $2.26M | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Rumi, Eric and Suzanneas of NOI filing date — Individuals; possible related party/insider — debtor: Good Buds Company Inc. | $2.02M | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | BC Cannabis Inc.as of NOI filing date — debtor: Good Buds Company Inc. | $186K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Aelius LED · in 2 casesas of NOI filing date — debtor: Good Buds Company Inc. | $178K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | 907282 Ontario Inc.as of NOI filing date — debtor: Good Buds Company Inc. | $148K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Rumi, Tyleras of NOI filing date — Individual; possible related party/insider — debtor: Good Buds Company Inc. | $93.2K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Bank of Montreal · in 279 casesas of NOI filing date — Listed without security classification stated in document — debtor: Good Buds Company Inc. | $60K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Health Canada-Receiver Generalas of NOI filing date — Regulatory claim — debtor: Good Buds Company Inc. | $26.2K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Fairlead Consultingas of NOI filing date — debtor: Good Buds Company Inc. | $13.7K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Ministry of Finance - PST - British Columbia · in 56 casesas of NOI filing date — Provincial tax claim, regulatory — debtor: Good Buds Company Inc. | $11.2K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Mercari Agency Limitedas of NOI filing date — debtor: Good Buds Company Inc. | $10.3K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | BC Hydro (Acct #000010296873) · in 71 casesas of NOI filing date — debtor: Good Buds Company Inc. | $8.63K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | CRA - GST/HST - Vancouver Pacific Insolvency Intake Centre · in 3 casesas of NOI filing date — CRA GST/HST claim; deemed trust class not expressly stated in document — debtor: Good Buds Company Inc. | $5.44K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Great Little Box Company · in 6 casesas of NOI filing date — debtor: Good Buds Company Inc. | $5.14K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | ULINE · in 72 casesas of NOI filing date — debtor: Good Buds Company Inc. | $3.87K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Bodkin, a division of Bennington Financial Corp. · in 10 casesas of NOI filing date — debtor: Good Buds Company Inc. | $3.37K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | 420 Premium Markets Ltd.as of NOI filing date — debtor: Good Buds Company Inc. | $2.98K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | AirMed Canada Systems Incas of NOI filing date — debtor: Good Buds Company Inc. | $2.8K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | WorkSafe BC · in 31 casesas of NOI filing date — Regulatory body — debtor: Good Buds Company Inc. | $2.4K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Canadian Linen · in 11 casesas of NOI filing date — debtor: Good Buds Company Inc. | $2.09K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Fresco Refrigeration Ltd.as of NOI filing date — debtor: Good Buds Company Inc. | $2K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Quality Analytical Servicesas of NOI filing date — debtor: Good Buds Company Inc. | $1.86K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Saskatchewan Liquor & Gaming Authorityas of NOI filing date — Regulatory body — debtor: Good Buds Company Inc. | $1.65K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Blueleaf Logisticsas of NOI filing date — debtor: Good Buds Company Inc. | $1.32K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Sage · in 4 casesas of NOI filing date — debtor: Good Buds Company Inc. | $1.21K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | John Deere · in 6 casesas of NOI filing date — debtor: Good Buds Company Inc. | $1.14K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Rumi, Alexas of NOI filing date — Individual; possible related party (surname matches other listed related creditors) — debtor: Good Buds Company Inc. | $1.03K | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Boomer Logistics Corporation · in 3 casesas of NOI filing date — debtor: Good Buds Company Inc. | $860 | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Salt Spring Water Coas of NOI filing date — debtor: Good Buds Company Inc. | $850 | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Davies Maintenanceas of NOI filing date — debtor: Good Buds Company Inc. | $280 | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | QualityBoxas of NOI filing date — debtor: Good Buds Company Inc. | $261 | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Shaw Cable Systems - Vancouver Payment Solutionsas of NOI filing date — debtor: Good Buds Company Inc. | $259 | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Pest Control Servicesas of NOI filing date — debtor: Good Buds Company Inc. | $254 | Creditor’s Package – Notice of Intention to Make a Proposal |
| Unsecured | Intact Insurance Company · in 17 casesas of NOI filing date — debtor: Good Buds Company Inc. | $250 | Creditor’s Package – Notice of Intention to Make a Proposal |
Documents
10 filings
| Date | Document | File |
|---|---|---|
| Notice of Application (approval of the New Proposal) dated January 21, 2025 | ||
| Notice to Creditors – New Proposal dated December 20, 2024 | ||
Order Made After Application (Stay of Bankruptcy) dated July 18, 2024
| ||
| Order Made After Application (the Second Extension) dated May 17, 2024 | ||
| Trustee’s Second Report to Court dated May 7, 2024 | ||
| Order Made After Application (the First Extension) dated April 4, 2024 | ||
| Affidavit of Eric Tyler Rumi dated March 25, 2024 | ||
Notice of Application dated March 25, 2024
| ||
| Trustee’s First Report to Court dated March 25, 2024 | ||
Creditor’s Package – Notice of Intention to Make a Proposal
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Good Buds inc.” (NOI). Retrieved 20 September 2026, https://proceedings.ca/case/good-buds-inc