Invictus MD Strategies Corp IVITF

Black Box

[DanielDarden123]

3. The Petitioners are, subject to obtaining prior written approval from the Monitor and ATB Financial, authorized to enter into arrangements with Alberta Gaming, Liquor and Cannabis (“AGLC”) and Ontario Cannabis Stores (“OCS”) for the purpose of resolving the Petitioners’ outstanding accounts with AGLC and OCS. (Stigma Order)

They were not in the original list of creditors, yet appear to be secured, given that ATB needs to approve. If products needs to be supplied, without payment, cash flow will be hindered. Is there a better solution? Governments can be heavy handed.

[Yowza123]

Rather than being secured it seems more likely a formality for ATB to okay the agreement made between Invictus and the govt. cannabis stores. There is a better chance ATB will get their money back on the loan they called in if sales can continue with the stores. It seems a no brainer they would be all for the most lucrative agreement possible that would allow Invictus to retain the best perceived