Ontario · CCAA
Fifth Report of the Monitor
Court officer report · 19 August 2026
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What we verified from this filing8 verified
- financial positionnote: This is a cash-balance summary, not a full balance sheet; no total liabilities stated. 'The Applicants have no known secured creditors' per para 7.3 (page 20) - stated fact of absence. · page: 9 · as at: 2026-08-14 · basis: unaudited, Monitor-prepared summary of cash amounts received and held; Information provided by Applicants not audited or verified to CAS standards · scope: entity - Available Cash Balance held by the Monitor on behalf of the Applicants (Ayurcann Holdings Corp. and Ayurcann Holding Corp.), post-Emblem Transaction closing · currency: CAD · total assets: 2795000
- unsecured creditorsnote: Aggregate figure per Claims Procedure review table; no individual creditors named on these pages. Comprises Total Resolved Claims ($518,000) and Total Unresolved Claims ($19,117,000). NORD reduced Unresolved Claims by ($4,765,000), yielding Total Claims as Currently Accepted of $14,870,000 (post-NORD, pre-dispute-resolution figure, not yet final Proven Claims). · page: 13 · as of: date of Fifth Report (August 19, 2026) · basis: Status of Claim Review table - Claim as Filed (CAD $000's), reported by the Monitor · amount: 19635000 · debtor: Ayurcann Holdings Corp. and Ayurcann Holding Corp. (Applicants) · creditor: Unsecured creditors (aggregate as reported) - Total Claims as Filed · currency: CAD
- closing confirmedscope: the Emblem Transaction · outcome: completed · effective: 2026-06-05 · purchaser: Emblem Cannabis Corporation · date basis: stated · approval order date: 2026-04-28
- purchaserEmblem Cannabis Corporation; Auxly Cannabis Group Inc.
- recovery outcomeentries: basis: estimated · quote: 5.15 Based on the Illustrative Recoveries Analysis, the Monitor estimates that Claimants with an accepted claim will receive pro rata recovery in the range of approximately 13.0% to 17.1% of the amount of a Proven Claim. · pct of: proven_claims · outcome: distribution · pct low: 13 · currency: CAD · pct high: 17.1 · class key: unsecured · stated by: monitor · class label: Unsecured Creditors (consolidated scenario) · interim final: unstated · currency quote: CAD $000's · claims qualifier: unstated · stated on: 2026-08-19 · table missing:
- sale outcometext: The Emblem Transaction closed · scope: whole_business · status: closed
- secured creditors
- stalking horseAuxly Cannabis Group Inc.