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.
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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 officer filed report no. First Report of the Trustee. Lightbox Residualco is a bankrupt shell holding only the AHBL litigation claim after its operating assets were sold through the CCAA sale process and reverse vesting order; the Trustee lacks funds to litigate and seeks approval to sell the claim to a related party for $20,000.
The officer filed report no. Tenth Monitor's Report. All SISP sale transactions have closed and the cannabis operations have been liquidated; the Company has been replaced by Lightbox ResidualCo Holdings Inc. as Petitioner. Remaining steps are the SNDL top-up shares, distribution of holdbacks, bankruptcy assignment of the Petitioner and the Monitor's discharge.
The officer filed report no. Ninth Monitor's Report. All of the Company's retail cannabis stores are operated by 484 or Nova under transition services agreements; the SNDL Transaction closed May 8, 2024, and the Company is expected to have no operations once the 484 Transaction closes (anticipated early July 2024). The SNDL Shares are to be sold in about September 2024, followed by an interim distribution and ResidualCo's assignment into bankruptcy.
The officer filed report no. Eighth Monitor's Report. The Company continues to operate its remaining eight cannabis retail stores in the ordinary course pending closing of the SNDL and 484 transactions. The Parry Sound Store was temporarily shut down in early November 2023 ahead of a partial closing. SNDL's affiliate Nova is to take over operations of the SNDL Stores under a transition services agreement.
The officer filed report no. Supplement to the Seventh Monitor's Report. Lightbox's operations are currently limited to eight Remaining Stores (four 484 Stores operated by 484 and four SNDL Stores); the Company's liquidity is described as very tight, with Freehouse managing the SNDL Stores for 3% of revenues, and SNDL proposing a transition services agreement for Nova to take over their operations.
The officer filed report no. Seventh Monitor's Report. The Company continues to operate the four SNDL stores in the ordinary course, while 484 operates the four 484 stores under a transition services agreement. The SNDL Transaction cannot close until SNDL obtains its LCRB retail licence, with no clear timeline, and the 484 Transaction closes only after SNDL's closing.
The officer filed report no. Sixth Monitor's Report. The Company continues operating its retail cannabis stores in the ordinary course while completing the sale transactions. The Forthspace and Cannavore transactions have closed, and the SNDL and 484 transactions are expected to close around the end of August 2023. The Company has stopped paying post-filing PST and GST, with funds held in trust by the Monitor exceeding the arrears.
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 officer filed report no. Supplemental Report to the Fifth Report. The Company is operating at a liquidity constraint and has fallen behind on post-filing PST and GST of about $490,535. The 484 Stores were taken over by 484 on May 24, 2023, and the forecast covers only the four stores being purchased by SNDL pending closing of the sale transactions. Secured creditors may now suffer a shortfall.
The officer filed report no. Fifth Monitor's Report. Lightbox continues to operate its remaining cannabis retail locations (four corporate stores and four partnership stores) in the ordinary course while completing sale transactions (SNDL, Forthspace, Cannavore, and a proposed reverse vesting order sale to 484) that would sell substantially all of its assets and business.
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.
The officer filed report no. Fourth Report. The Company continues to operate its eight corporate retail cannabis stores in the ordinary course under CCAA protection with about 96 employees, while a sale process has produced a Sundial purchase agreement for four stores and ongoing negotiations for the remaining locations.
The officer filed report no. Third Monitor's Report. The Company continues to operate its retail stores in the ordinary course, is selling certain redundant assets and store locations, and is completing a sale and investment solicitation process with a final agreement deadline of February 24, 2023. It is seeking a stay extension to March 24, 2023 and projects sufficient liquidity without interim financing.
The officer filed report no. Second Monitor's Report. The Company continues to operate its cannabis retail business in the ordinary course under CCAA protection while the SISP advances, with positive cash flow forecast and sufficient liquidity through the forecast period without interim financing.
The officer filed report no. First Report. Lightbox continues to operate its 10 corporate cannabis retail stores (8 in BC, 2 in Ontario) and e-commerce platform with 96 employees, while a sales and investment solicitation process is run under the CCAA stay; the monitor projects sufficient liquidity through the forecast period.
Initial order granted by the Supreme Court of British Columbia, commencing Lightbox Enterprises Ltd's CCAA proceeding under court file number S-229367.
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
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
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
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.
Tenth Report of the Monitor dated October 29, 2024
Operational summaryAll SISP sale transactions have closed and the cannabis operations have been liquidated; the Company has been replaced by Lightbox ResidualCo Holdings Inc. as Petitioner. Remaining steps are the SNDL top-up shares, distribution of holdbacks, bankruptcy assignment of the Petitioner and the Monitor's discharge.
Cash on hand · Disbursements · Financial positionSubscribers
Operational summaryAll of the Company's retail cannabis stores are operated by 484 or Nova under transition services agreements; the SNDL Transaction closed May 8, 2024, and the Company is expected to have no operations once the 484 Transaction closes (anticipated early July 2024). The SNDL Shares are to be sold in about September 2024, followed by an interim distribution and ResidualCo's assignment into bankruptcy.
Cash on hand · Disbursements · Financial positionSubscribers
Eighth Report of the Monitor dated December 18, 2023
Operational summaryThe Company continues to operate its remaining eight cannabis retail stores in the ordinary course pending closing of the SNDL and 484 transactions. The Parry Sound Store was temporarily shut down in early November 2023 ahead of a partial closing. SNDL's affiliate Nova is to take over operations of the SNDL Stores under a transition services agreement.
Cash on hand · Disbursements · Financial positionSubscribers
Supplement to the Seventh Monitor's Report dated October 4, 2023
Operational summaryLightbox's operations are currently limited to eight Remaining Stores (four 484 Stores operated by 484 and four SNDL Stores); the Company's liquidity is described as very tight, with Freehouse managing the SNDL Stores for 3% of revenues, and SNDL proposing a transition services agreement for Nova to take over their operations.
Cash on hand · Disbursements · Financial positionSubscribers
Seventh Report of the Monitor dated September 14, 2023
Operational summaryThe Company continues to operate the four SNDL stores in the ordinary course, while 484 operates the four 484 stores under a transition services agreement. The SNDL Transaction cannot close until SNDL obtains its LCRB retail licence, with no clear timeline, and the 484 Transaction closes only after SNDL's closing.
Cash on hand · Disbursements · Financial positionSubscribers
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
Presiding officerJustice Masuhara
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 · approved
Operational summaryLightbox continues to operate its remaining cannabis retail locations (four corporate stores and four partnership stores) in the ordinary course while completing sale transactions (SNDL, Forthspace, Cannavore, and a proposed reverse vesting order sale to 484) that would sell substantially all of its assets and business.
Cash on hand · Disbursements · Financial positionSubscribers
Closing termsVacant possession delivered at noon on the Closing Date; Closing Date may be extended by consent of the parties.
Order date23 March 2023
Presiding officerJustice Masuhara
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 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.
Operational summaryThe Company continues to operate its eight corporate retail cannabis stores in the ordinary course under CCAA protection with about 96 employees, while a sale process has produced a Sundial purchase agreement for four stores and ongoing negotiations for the remaining locations.
Cash on hand · Disbursements · Financial positionSubscribers
Third Report of the Monitor dated February 21, 2023
Operational summaryThe Company continues to operate its retail stores in the ordinary course, is selling certain redundant assets and store locations, and is completing a sale and investment solicitation process with a final agreement deadline of February 24, 2023. It is seeking a stay extension to March 24, 2023 and projects sufficient liquidity without interim financing.
Cash on hand · Disbursements · Financial positionSubscribers
Operational summaryThe Company continues to operate its cannabis retail business in the ordinary course under CCAA protection while the SISP advances, with positive cash flow forecast and sufficient liquidity through the forecast period without interim financing.
Cash on hand · Disbursements · Financial positionSubscribers
Operational summaryLightbox continues to operate its 10 corporate cannabis retail stores (8 in BC, 2 in Ontario) and e-commerce platform with 96 employees, while a sales and investment solicitation process is run under the CCAA stay; the monitor projects sufficient liquidity through the forecast period.
Cash on hand · Disbursements · Financial positionSubscribers
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Lightbox Enterprises Ltd” (CCAA), Supreme Court of British Columbia. Retrieved 4 November 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.