2366607 Ontario Inc., operating as Alterna Medicinals Canada (“Alterna” or the “Company”) applied for a cannabis production license from Health Canada in 2014. The Company was working through the application process and preparing its leased facility with the necessary security measures required therein. Alterna experienced delays in construction and financing from its secured creditor and was unable to complete the application...

On January 31, 2020, the Ontario Superior Court of Justice (the "Court") appointed MNP Ltd. as the receiver (the "Receiver"), without security, of all of the assets, undertakings and properties of Sharina Khan aka Sharina Imran Khan aka Sharina Imran-Khan, Barnabas Khan aka James Khan, 2668361 Ontario Inc. o/a Redline Promotions also o/a Queen's Events, Merlin's Enterprise Inc., Shamar Khan, 2569677 Ontario Inc. o/a Accountable Tax & Bookkeeping...

The individuals were placed into receivership on application for the two secured creditors. The individuals operated a horse boarding and riding facility. The individuals ceased to make the agreed mortgage payments and payments for property taxes. The operations did not generate sufficient cash flow to meet the required mortgage payments.

On February 21, 2020, MNP Ltd. became the receiver in respect of some of the real property of 1429523 Ontario Limited, an insolvent person.