OGEN Ltd. and OGEN Holdings Ltd., NOI

OGEN Ltd. and OGEN Holdings Ltd. (collectively, “OGEN”), the largest Alberta-based cannabis producer and one of the largest operational indoor cultivating facilities in Canada, filed an NOI on June 26, 2023. OGEN operates from a purpose-built and laboratory-grade owned facility in Calgary, and is licensed to sell products to numerous provinces across Canada. connectFirst Credit Union, represented by Burnet, Duckworth & Palmer LLP, is the primary secured lender and is owed approximately $22 million. KSV is the Proposal Trustee, represented by MLT Aikins. Bennett Jones is counsel for OGEN.

By: Dina Milivojevic