On April 2, 2024, the Ontario Superior Court of Justice (Commercial List) (the "Court") issued an order (the "Initial Order") pursuant to the Companies' Creditors Arrangaement Act ("CCAA"). The Initial Order provided for certain relief, including a stay of proceedings against Heritage Cannabis Holdings Corp., 1005477 B.C. Ltd, Heritage Cannabis West Corporation, Mainstrain Market Ltd., Heritage Cannabis East Corporation, Purefarma Solutions Inc., 333 Jarvis Realty Inc., 5450 Realty Inc., Heritage Cannabis Exchange Corp., and Premium 5 Ltd. (collectively, the "Heritage Group") and ordered that KPMG Inc. be appointed as Court-appointed monitor of the Applicants (in such capacity, the "Monitor").

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