GREY:IVITF - Post Discussion
Post by
Eoj123 on Feb 20, 2020 4:42pm
Status Update as at February 13, 2020
Status Update as at February 13, 2020
On February, 13, 2020, Invictus MD Strategies Corp., Greener Pastures MD Ltd., Acreage Pharms Ltd. and 2015059 Alberta Ltd. (collectively the "Invictus Group“) sought and obtained an Initial Order of the Supreme Court of British Columbia pursuant to the Companies’ Creditors Arrangement Act ("CCAA"). PricewaterhouseCoopers Inc. LIT was appointed as Monitor for the CCAA Proceedings.
As a result of the CCAA filing, all creditors are stayed from commencing or continuing any proceedings against the Invictus until February 24, 2020, subject to any extensions that the Court may grant upon further application by the Invictus Group.
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