British Columbia · NOI
Affidavit #1 of Dayna Lange
Affidavit · 7 February 2025
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What we verified from this filing5 verified
- secured creditorsnote: Document states 'CRA is an unsecured creditor of Tricanna' (para 8) and demanded payment of the CRA Arrears. Components: Excise Arrears $1,056,593.25 and GST Arrears $31,408.26 as of Jan 31, 2025 (payable by Feb 7, 2025); Excise Arrears includes an additional $280,042.02 assessed on stolen inventory. Included here as a quasi-governmental/deemed-trust-class claim per reporting convention despite the document's 'unsecured' characterization; amount left null because no combined total is stated (do-not-sum rule). · page: 2 · as of: 2025-01-31 · debtor: Tricanna Industries Inc. · creditor: CRA (Canada Revenue Agency) - excise tax and GST arrears · currency: CAD
- secured creditorsnote: Amount is the guarantee's stated maximum and matches the 'approximately $1,470,585.21' claimed owing in the Individual Creditors' Notice of Civil Claim filed May 14, 2024 (Exhibit H). Related to Business Purchase share/asset purchase agreements dated June 30, 2023. · page: 5 · as of: 2024-05-14 · amount: 1470585.21 · debtor: Tricanna Industries Inc. (as guarantor); primary debtor CannaWorld Ventures Inc. · creditor: Individual Creditors (Mr. Leong, Mr. Neufeld, Mr. Tardi) · currency: CAD · security: General security agreement (GSA) dated June 30, 2023; Guarantee dated June 30, 2023 in maximum amount of $1,470,585.21
- secured creditorsnote: Serialized-equipment (PMSI-type) security; no amount stated in the document. · page: 5 · debtor: Tricanna Industries Inc. · creditor: Betty Sorensen · currency: CAD · security: Specific security interest in two pre-roller model P200 machines (serial numbers 2020-1026 and 2020-0074)
- financial positionnote: Liabilities table shows Unsecured Debt $2,901,467.89 and Secured Debt $1,720,585.21 (the latter reflecting $250,000 as the maximum liability that could be owing to Community CU), summing to the stated Total of $4,622,053.10. Unsecured debt primarily comprises CRA Arrears, trade vendors, and shareholder loans; secured debt is payable to the Individual Creditors and Community CU. · page: 8 · as at: 2025-02-04 · basis: Assets stated as 'approximate total book value'; Liabilities stated as 'principal outstanding indebtedness, on a consolidated basis' (management estimate, unaudited) · scope: Tricanna Industries Inc., stated to be on a consolidated basis · currency: CAD · total assets: 1101901.4 · total liabilities: 4622053.1
- secured creditorsnote: Figure reflects the maximum/approved credit facility ('total approved credit facility advanced ... is $250,000.00', para 33) and is presented in the debt summary table as 'the maximum liability that could be owing to Community CU' rather than a confirmed outstanding balance; Tricanna anticipates full set-off from receivables collection over two weeks. · page: 8 · as of: 2025-02-04 · amount: 250000 · debtor: Tricanna Industries Inc. · creditor: Community Savings Credit Union · currency: CAD · security: Accounts receivable factoring facility under Community Agreement dated November 21, 2023; PPR registration