Ontario · CCAA
Fourth Report of the Monitor
Court officer report · 22 October 2021
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What we verified from this filing6 verified
- operational summaryHydRx wound down its operations as of October 5, 2021 after ceasing sales through the Ontario Cannabis Store and other provincial channels, while the Monitor and CRO pursue a credit bid sale transaction with Cobra Ventures under the SISP.
- purchaserCobra Ventures Inc.
- report date22 October 2021
- report noFourth Report
- sale advisorMacpherson & Associates Inc.
- sale outcometext: no reason to proceed with Phase 2 of the SISP; Monitor proceeding with Credit Bid Transaction documentation · scope: whole_business · status: bid_selected