Ontario · CCAA
Application Record Part 5
Application / notice of application · 17 October 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing5 verified
- secured creditorsnote: Related-party guarantor security; no specific balance stated within this agreement itself. · page: 25 · debtor: Countryside Cannabis Corp. · creditor: Aggregated Investments Inc. · currency: CAD · security: General Security Agreement dated November 7, 2022, securing a guarantee and postponement of claim granted by Countryside Cannabis Corp. in favour of Aggregated Investments Inc. of Mera Cannabis Corp.'s obligations under the amended and restated convertible debenture dated March 2, 2022 (as amended by forbearance agreement)
- secured creditorsnote: Aggregate indebtedness under Debenture, Royalty Agreement and Guarantees, stated in NOI (s.244 BIA) as total secured indebtedness; per Schedule 'A' to demand letter this comprises Loan Facility (Original Advance $16.5M + interest $4,800,339.43; November 2022 Advance $2,329,200.92 + interest $1,161,057.41; Operating Advance $48,905,543.33 + interest $8,590,959.00), Revolving/Factoring Facility ($3,996,038.99 + interest $489,679.36), and Royalty Agreement debt of $880,000 -- components sum to the stated total. Guaranteed by Cannaway Clinics Inc., Countryside Cannabis Corp., Greenleaf Productions Inc., Avana Labs Inc. and Vivariant Laboratories Inc. (guarantee dated July 31, 2024) under separate GSAs/guarantees securing the same obligations. · page: 53 · as of: 2025-08-31 · amount: 87652818.44 · debtor: Mera Cannabis Corp. · creditor: Aggregated Investments Inc. · currency: CAD · security: General Security Agreement dated November 10, 2021 between the Creditor and Mera Cannabis Corp.; charge registered on title to lands at 27 Sparling Road, St. Thomas, Ontario dated November 10, 2021, as amended
- secured creditorsnote: Related-party guarantor security; secures same aggregate debt owed by Mera Cannabis Corp. as stated in NOI. · page: 55 · as of: 2025-08-31 · amount: 87652818.44 · debtor: Greenleaf Productions Inc. · creditor: Aggregated Investments Inc. · currency: CAD · security: General Security Agreement dated November 10, 2021 between the Creditor and Greenleaf Productions Inc.
- secured creditorsnote: Related-party guarantor security; secures same aggregate debt owed by Mera Cannabis Corp. as stated in NOI. · page: 57 · as of: 2025-08-31 · amount: 87652818.44 · debtor: Avana Labs Inc. · creditor: Aggregated Investments Inc. · currency: CAD · security: General Security Agreement dated November 10, 2021 between the Creditor and Avana Labs Inc.
- secured creditorsnote: Related-party guarantor security; secures same aggregate debt owed by Mera Cannabis Corp. as stated in NOI. · page: 59 · as of: 2025-08-31 · amount: 87652818.44 · debtor: Cannaway Clinics Inc. · creditor: Aggregated Investments Inc. · currency: CAD · security: General Security Agreement dated November 10, 2021 between the Creditor and Cannaway Clinics Inc., securing (among other things) Cannaway Clinics Inc.'s guarantee of Mera Cannabis Corp.'s obligations