Lightbox Enterprises Ltd has been under Companies' Creditors Arrangement Act protection since November 24, 2022, when an initial order was granted by the Supreme Court of British Columbia. The proceeding is filed under court file number S-229367 and is brought under the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended. The case remains active. No further steps have been recorded on this page since the initial order.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
The court granted an approval and vesting order for the sale to 0581129 B.C. Ltd. Closing terms, as extracted: Vesting effective upon delivery of the Trustee's Certificate confirming payment of the Purchase Price and completion of the Transaction.
The court granted an approval and vesting order for the sale to 1392484 B.C. Ltd. Closing terms, as extracted: Closing occurs upon delivery of the Monitor's Certificate confirming receipt of written confirmation from the parties, with vesting of Subscribed Shares in 484 BC free and clear of Encumbrances.
The court granted an approval and vesting order for the sale to Forthspace Cannabis Inc. Closing terms, as extracted: vacant possession delivered at 12:00 noon on the Closing Date; liberty to extend Closing Date by agreement.
The court granted an approval and vesting order for the sale to SNDL Inc. Closing terms, as extracted: Vacant possession delivered at noon on the Closing Date; Closing Date may be extended by consent of the parties.
Initial order granted by the Supreme Court of British Columbia, commencing Lightbox Enterprises Ltd's CCAA proceeding under court file number S-229367.
stated amounts, drawn to scale · 3 named without a figure
#
Priority class
Creditor
Amount
Source
3
Deemed trusts (CRA and other)
Canada Revenue Agency · in 926 casesOutstanding sales taxes (GST) owed to CRA; deemed trust class quasi-governmental claim. — debtor: Lightbox Enterprises Ltd.
$161K
Petition to the Court
4
Secured
George Melville Holdings LimitedGeneral security agreement and share pledge agreement dated July 13, 2020 (Melville Debenture) — Principal amount of secured convertible debenture, plus accrued interest (unquantified). Debenture matured July 13, 2022. Ranks pari passu with Sundial debt pursuant to Intercreditor Agreement dated April 26, 2021. Melville issued default notice letter May 2022. Combined with Sundial debt described in prose as 'approximately $9,000,000'. — debtor: Lightbox Enterprises Ltd.
$5.65M
Petition to the Court
4
Secured
Sundial Growers Inc. · in 2 casesGeneral security agreement and share pledge agreement dated April 26, 2021 (Sundial Debenture) — Principal amount of secured convertible debenture, plus accrued interest (unquantified). Debenture matured October 26, 2021. Ranks pari passu with Melville debt pursuant to Intercreditor Agreement dated April 26, 2021. Sundial issued default notice (May 2022) and BIA s.244(1) demand/NITES (Oct 17, 2022). Combined with Melville debt described in prose as 'approximately $9,000,000'. — debtor: Lightbox Enterprises Ltd.
$3M
Petition to the Court
4
Secured
Milan TrpinMortgage against real property owned by a related party to Lightbox — Line of credit; individual lender (not a company) - personal guarantor/lender role noted per document. — debtor: Lightbox Enterprises Ltd.
$2M
Petition to the Court
4
Secured
Zeemac Vehicle Lease Ltd. · in 3 casesDescribed as a 'secondary secured' creditor of Lightbox (vehicle lease financier); no amount stated. — debtor: Lightbox Enterprises Ltd.
—
Petition to the Court
4
Secured
Robson Promenade Holdings Ltd.Described as a 'secondary secured' creditor of Lightbox; no amount stated. — debtor: Lightbox Enterprises Ltd.
—
Petition to the Court
4
Secured
Bank of Montreal · in 279 casesDescribed as a 'secondary secured' creditor of Lightbox; no amount stated. — debtor: Lightbox Enterprises Ltd.
—
Petition to the Court
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“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Sale processAs stated in the filings
8 transactions · 4 closed · 2 proposed · 2 approved — The Trustee is of the view that the AHBL Transaction should be approvedFirst Report of the Trustee · 12 Nov 2025
a Qualified Bidder, unnamed, offering to acquire the Remaining Partnership Storesthe Remaining Partnership Stores located at 121 Clarence St. Ottawa, ON and 208 Bank St, Ottawa, ON · asset sale · agreement 2 Feb 2023
SNDL Inc.all of the Petitioner's right, title and interest in and to the Purchased Assets described in the Purchase Agreement · asset sale · nominee/assignee: its assignee pursuant to the Purchase Agreement · agreement 15 Mar 2023
SealedPurchase price consists of inventory purchase price, cash payment, cancellation of $3,000,000 debt owed by the Company to the Purchaser, and issuance of Purchaser Shares
1392484 B.C. Ltd.all of the Petitioner's right, title and interest in and to the Subscribed Shares · share sale · agreement 19 May 2023
not statedBinding Offer specifies Inventory Consideration (to be determined by count), Store Consideration ($1,075,000 total for all stores), and Marks Consideration ($1.00); deposit of $80,000 and further cash payment of $995,000 on Closing Date
Cannavore Cannabis Inc.the rights and obligations of the Petitioner under the agreement listed in Schedule "D" hereto (the "Assigned Lease") · asset sale · agreement 16 May 2023
$500K (mixed consideration)Cannavore will pay the total settlement amount of $500,000.00, comprising $225,000.00 in cash and forgiveness of outstanding indebtedness of $275,000.00 (principal $250,000.00 plus accrued interest and fees of $25,000.00)
SNDL Inc.the Store Assets and Inventory Assets · asset sale · agreement 18 Dec 2023
not statedPurchase Price described in Schedule 'C' as combination of cash, debt cancellation and shares; document approves the agreement generally without restating a single figure in the operative order
0581129 B.C. Ltd.Related partythe assets described in the Sale Agreement (the "Purchased Assets") · asset sale · ResidualCo: Lightbox Residualco Holdings Inc. · agreement 27 Oct 2025
$20Kplus any applicable GST or PST; $2,000 deposit credited to purchase price
Closing termsVesting effective upon delivery of the Trustee's Certificate confirming payment of the Purchase Price and completion of the Transaction.Sale Approval Order
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.
As at 31 Jul 2022 · per draft balance sheet, unaudited, subject to further fiscal year-end adjustments and closing entries · Lightbox Enterprises Ltd. entity-level (not stated as consolidated with subsidiary LLH) — Lightbox has not prepared any audited or unaudited financial statements in the last 12 months; figures taken from draft Balance Sheet (Exhibit D)
Documents
103 filings
Date
Document
File
Sale Approval Order
Closing termsVesting effective upon delivery of the Trustee's Certificate confirming payment of the Purchase Price and completion of the Transaction.
Order date27 November 2025
Purchaser0581129 B.C. Ltd. · the assets described in the Sale Agreement (the "Purchased Assets") · asset sale · approved
Appendix H - First Meeting of Creditor Meeting Minutes
Financial positionAssets $0 · per Trustee's Preliminary Report (Section B: Preliminary Evaluation of Property, Assets and Undertakings) · estate of the Bankrupt, Lightbox Residualco Holdings Inc. — Trustee states no remaining assets of value in the estate following prior CCAA asset sales; separately, as at 5:00PM on May 5, 2025 the Trustee had received one unsecured proof of claim totalling $49,908.51 (a component of claims received, not a stated total liabilities figure).
Recovery outcomeEntries: per unstated · Stated on: 2025-05-05 · Table missing:
Closing confirmedClosed · 23 Jun 2023 · Cannavore Cannabis Inc.
PurchaserCannavore Cannabis Inc. · proposed transaction contemplated in the assignment, termination and release agreement · asset sale · closed; 1392484 B.C. Ltd · proposed transaction, contemplated in the binding offer to acquire the shares and business of the Company · share sale · proposed
Closing termsClosing occurs upon delivery of the Monitor's Certificate confirming receipt of written confirmation from the parties, with vesting of Subscribed Shares in 484 BC free and clear of Encumbrances
Order date13 June 2023
Purchaser1392484 B.C. Ltd. · all of the Petitioner's right, title and interest in and to the Subscribed Shares · share sale · approved
PurchaserCannavore Cannabis Inc. · the rights and obligations of the Petitioner under the agreement listed in Schedule "D" hereto (the "Assigned Lease") · asset sale · $500K · approved
PurchaserSNDL Inc. · the purchase and sale transaction contemplated in the binding offer to purchase assets and business · asset sale · approved; Forthspace Cannabis Inc. · certain assets, undertaking and property of the Company · asset sale · proposed; 1392484 B.C. Ltd · the shares and business of the Company · share sale · proposed
Recovery outcomeEntries: per estimated; per estimated · Table missing:
Sale advisorKronos Capital Partners Inc. (sale agent)
Closing termsVacant possession delivered at noon on the Closing Date; Closing Date may be extended by consent of the parties.
Order date23 March 2023
PurchaserSNDL Inc. · nominee/assignee its assignee pursuant to the Purchase Agreement · all of the Petitioner's right, title and interest in and to the Purchased Assets described in the Purchase Agreement · asset sale · approved
Sale advisorKronos Capital Partners Inc. (sale agent)
Sale outcomeSale terminated — The sales and investment solicitation process (the "SISP") attached as Schedule "B" to the SISP Approval Order granted in these proceedings on December 2, 2022 is hereby terminated.
Process results14 LOIs · 7 bids · as of 21 Mar 2023
PurchaserSNDL Inc. · nominee/assignee or its assignee · certain of the Company's cannabis retail store locations (the 'Purchased Locations') · asset sale · price sealed · proposed; 1392484 B.C. Ltd. · the 484 Locations · asset sale · proposed; a Qualified Bidder, unnamed, offering to acquire the Remaining Partnership Stores · the Remaining Partnership Stores located at 121 Clarence St. Ottawa, ON and 208 Bank St, Ottawa, ON · asset sale · proposed
Sale advisorKronos Capital Partners Inc. (sale agent)
Sale outcomeApproval pending — The SISP resulted in the Purchase Agreement now before the Court for approval, and continued negotiations with 484 and the Qualified Bidder
Sale advisorKronos Capital Partners Inc. (financial advisor)
Sale outcomeSale process approved — The Company is seeking approval of a sales and investment solicitation process for the marketing and solicitation of non-binding letters of interest to acquire assets of the Company or to structure a restructuring transaction.
Financial positionAssets $9.5M · Liabilities $17M · per Unaudited; assets stated at book value per the Company's most recent balance sheet dated July 31, 2022; liabilities estimated by the Proposed Monitor from the list of creditors prepared by Management for the NOI Proceeding (approx. NOI Filing Date, October 27, 2022), excluding accrued interest owing to the Secured Creditors · Lightbox Enterprises Ltd. (entity level; excludes wholly-owned subsidiary Lightbox Licensor Holdings Ltd., which the Monitor understands to be of notional value and does not carry on operations) — Asset figure (~$9.5 million, as at July 31, 2022) and liability figure (~$16,987,579, as at approx. NOI Filing Date) are as at different dates and are not directly comparable; liabilities figure excludes accrued interest on the Secured Debentures which, if included, is estimated to exceed $9,000,000 for the secured portion alone.
Secured creditors$3M · Note: Principal only, per creditor summary table. Including accrued interest, combined amount owing to the Secured Creditors (Sundial + Melville) under the Secured Debentures is estimated by the Proposed Monitor to exceed $9,000,000 (floor, word 'exceed'). · Page: 13 · As of: 2022-10-17 · Debtor: Lightbox Enterprises Ltd. · Creditor: Sundial Growers Inc. · Security: Secured debenture (Sundial Debenture); demand for payment and s.244(1) BIA notice of intention to enforce security delivered October 17, 2022
Affidavit #1 of Reid Ogdon sworn November 22, 2022
Financial positionAssets $9.49M · Liabilities $12.5M · as at 31 Jul 2022 · per draft balance sheet, unaudited, subject to further fiscal year-end adjustments and closing entries · Lightbox Enterprises Ltd. entity-level (not stated as consolidated with subsidiary LLH) — Lightbox has not prepared any audited or unaudited financial statements in the last 12 months; figures taken from draft Balance Sheet (Exhibit D)
Secured creditors$5.65M · Note: Debenture matured July 13, 2022; ranks pari passu with Sundial per Intercreditor Agreement; Melville issued default notice in May 2022; combined Sundial+Melville debt described in prose as 'approximately $9,000,000' (para 12) - not summed here · Page: 9 · As of: 2022-07-31 · Debtor: Lightbox Enterprises Ltd. · Creditor: George Melville Holdings Limited · Security: General security agreement and share pledge agreement dated July 13, 2020; secured convertible debenture, principal $5,650,000
Financial positionAssets $9.49M · Liabilities $12.5M · as at 31 Jul 2022 · per As stated in petition; basis (audited/unaudited) not specified · Lightbox Enterprises Ltd. (entity level, per petition, fiscal year end)
Secured creditors$2M · Note: Line of credit; individual lender (not a company) - personal guarantor/lender role noted per document. · Page: 7 · Debtor: Lightbox Enterprises Ltd. · Creditor: Milan Trpin · Security: Mortgage against real property owned by a related party to Lightbox
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Lightbox Enterprises Ltd” (CCAA), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/lightbox-enterprises-ltd
Sources last checked · summary updated 9 August 2026 · Report a correction · Printed from proceedings.ca/case/lightbox-enterprises-ltd
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.