TruHarvest Meats Inc., Bankruptcy

TruHarvest Meats Inc., a Canadian-owned abattoir engaged in the processing and sale of beef products based out of Ontario, filed an assignment in bankruptcy on August 29 listing over $18 million in liabilities.

TruHarvest commenced operations in 2021 and was primarily funded by Eusi Farms Ltd., an Ontario-based beef and cash crop business operation.

Due to several factors including significant start-up costs, increased cost of beef production and reduced margins, TruHarvest was forced to wind down its operations and file an assignment in bankruptcy.

Richter is the bankruptcy trustee.

Counsel is Blaney McMurtry for the bankruptcy trustee and Chaitons for TruHarvest.