Alberta · CCAA
02. Second Report of the Monitor (Filed)
Court officer report · 5 February 2026
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What we verified from this filing15 verified
- report date5 February 2026
- report noSecond Report
- operational summaryOverall, the ending cash position of the Applicants is higher by approximately $53,540, driven by variances across labour, management, repairs and maintenance, restructuring and financing fees for the period November 21, 2025 to January 30, 2026.
- cash on handamount: 100190 · currency: CAD
- professional feesamount: 119010 · currency: CAD
- receipts cumulativeamount: 0 · currency: CAD
- cash on handnote: Actual ending cash per CFS#2 forecast-to-actual variance analysis for period ending January 30, 2026 · as at: 2026-01-30 · amount: 100190 · currency: CAD
- disbursementsnote: Actual total disbursements for the 10 week period ending January 30, 2026 · since: 2025-11-21 · amount: 724810 · currency: CAD
- operational summaryThe Applicants remain non-operational following the Health Canada licence suspension, are pursuing relicensing and a possible restart of cultivation, and continue under CCAA protection with an interim CRO transition and reliance on interim financing to fund disbursements.
- process resultsndas: 1 · note: one NDA executed following SISP teaser issued by Hyde Advisory
- receipts cumulativenote: Actual receipts nil for the 10 week period ending January 30, 2026 · since: 2025-11-21 · amount: 0 · currency: CAD
- report date5 February 2026
- report noSecond Report of the Monitor
- sale advisorHyde Advisory
- sale outcometext: informal SISP is being pursued with Hyde Advisory, formal SISP may be initiated later · scope: whole_business · status: liquidation_in_progress