On April 2, 2024, the Ontario Superior Court of Justice (Commercial List) (the "Court") issued an order (the "Initial Order") pursuant to the Companies' Creditors Arrangaement Act ("CCAA"). The Initial Order provided for certain relief, including a stay of proceedings against Heritage Cannabis Holdings Corp., 1005477 B.C. Ltd, Heritage Cannabis West Corporation, Mainstrain Market Ltd., Heritage Cannabis East Corporation, Purefarma Solutions Inc., 333 Jarvis Realty Inc., 5450 Realty Inc., Heritage Cannabis Exchange Corp., and Premium 5 Ltd. (collectively, the "Heritage Group") and ordered that KPMG Inc. be appointed as Court-appointed monitor of the Applicants (in such capacity, the "Monitor").
Contact information
heritage@kpmg.ca
Toll free within North America:
1-833-668-2870
Local Phone Number:
1-416-468-6725
Court materials
Factum of the Applicant - 2024-04-02 [PDF 162 KB]
Application Record - 2024-04-03 - Part 1 [PDF 8.1 MB]
Application Record - 2024-04-03 - Part 2 [PDF 5.1 MB]
Application Record - 2024-04-03 - Part 3 [PDF 6.1 MB]
Motion Record Returnable April 11, 2024 - 2024-04-10 [PDF 2.1 MB]
Factum of the Applicants - 2024-04-10 [PDF 363 KB]
Motion Record Returnable June 26, 2024 - 2024-06-19 [PDF 3 MB]
Factum of the Applicants - 2024-06-26 [PDF 136 KB]
Motion Record Returnable August 26, 2024 - 2024-08-25 [PDF 2.5 MB]
Motion Record of the Monitor - Stay Extension and CCAA Termination - 2024-09-27 [PDF 3.2 MB]
Factum of the Monitor - Termination - 2024-09-25 [PDF 339 KB]
Orders
Initial Order - 2024-04-03 [PDF 414 KB]
Initial Order Endorsement - 2024-04-05 [PDF 327 KB]
Amended and Restated Initial Order - 2024-04-11 [PDF 263 KB]
ARIO Endorsement - 2024-04-11 [PDF 420 KB]
SISP Order - 2024-04-11 [PDF 256 KB]
Approval and Reverse Vesting Order - 2024-06-26 [PDF 178 KB]
Ancillary Relief Order - 2024-06-26 [PDF 134 KB]
ARVO and Ancillary Relief Order - 2024-06-26 [PDF 290 KB]
Stay Extension Order - 2024-08-26 [PDF 259 KB]
Commercial Endorsement - 2024-08-26 [PDF 364 KB]
Monitor's Closing Certificate - 2024-08-29 [PDF 725 KB]
Order (Termination) - 2024-09-27 [PDF 448 KB]
Order (Termination) Endorsement - 2024-09-27 [PDF 314 KB]
Reports
Pre-filing report of the proposed Monitor - 2024-04-02 [PDF 785 KB]
First Report of the Monitor - 2024-04-10 [PDF 1.8 MB]
Second Report of the Monitor - 2024-06-21 [PDF 733 KB]
Third Report of the Monitor - 2024-08-22 [PDF 558 KB]
List of creditors
Notice to Creditors - 2024-04-08 [PDF 150 KB]
List of Known Creditors - 2024-04-08 [PDF 150 KB]
Service list
Service List - 2024-04-15 [PDF 241 KB]
Service List - 2024-06-20 [PDF 266 KB]
Bankruptcy Proceedings
1005477 B.C. Ltd. ("1005477 B.C."), Mainstrain Market Ltd. ("Mainstrain"), Heritage Cannabis Exchange Corp. ("Heritage Exchange"), 1000921087 Ontario Inc. ("1000921087", and together with 1005477 B.C., Mainstrain and Heritage Exchange, the "Debtors") filed an assignment on the 2nd day of April, 2025 and KPMG Inc. was appointed as Trustee of the Estates of each of the Debtors by the official Receiver. The First Meeting of Creditors of the Debtors will be held on the 17th day of April 2025 at 2:00 PM (Eastern Standard Time).
Bankruptcy
1005477 B.C. Certificate of Appointment dated April 2, 2025 [PDF 109 KB]
Mainstrain Certificate of Appointment dated April 2, 2025 [PDF 109 KB]
Heritage Exchange Certificate of Appointment dated April 2, 2025 [PDF 109 KB]
1000921087 Certificate of Appointment dated April 2, 2025 [PDF 109 KB]
Proof of Claim Form [PDF 399 KB]
Proxy [PDF 61 KB]
Notice to Creditors dated April 7, 2025 (Bankruptcy Notice) [PDF 1.6 MB]
Connect with us
Stay up to date with what matters to you
Gain access to personalized content based on your interests by signing up today
Connect with us
- Find office locations kpmg.findOfficeLocations
- kpmg.emailUs
- Social media @ KPMG kpmg.socialMedia