January 24, 2022
BC Craft Supply Co. Ltd., a Vancouver, British Columbia-based cannabis company, filed an NOI on January 24, listing approximately $8.6 million in liabilities, including approximately $3.4 million to MMCAP International. For the nine months ended June 30, the company reported a loss of approximately $1.9 million and revenue of approximately $636,000, with approximately $84,000 of cash on hand. The purpose of the filing is to allow the company to restructure its debt. Crowe MacKay is the proposal trustee. Counsel is Whitelaw Twining Law Corporation for the company.
By Dina Milivojevic