Ayurcann Holdings Corp. and its subsidiary Ayurcann Inc. were granted creditor protection under the CCAA by the Ontario Superior Court of Justice, appointing Alvarez & Marsal Canada Inc. to oversee the initial 10-day stay of creditor claims to allow the company to operate while considering restructuring alternatives. The company intends to seek approval for a sale of its business and assets and debtor-in-possession financing, which may result in a halt or delisting of its common shares from the CSE.

Ayurcann Obtains Creditor Protection to Pursue Restructuring, Sale

Jan 30, 2026

Mg Magazine Newswire

MG Magazine

*TORONTO* – Ontario Superior Court of Justice (Commercial List) granted
Ayurcann Holdings Corp. and its subsidiary Ayurcann Inc. creditor
protection under the Companies’ Creditors Arrangement Act (CCAA). The Court
appointed Alvarez & Marsal Canada Inc. to oversee the proceedings.

The initial court order provides for, among other things, a stay of
creditor claims and proceedings for an initial period of 10 days, subject
to extension thereafter as the court deems appropriate. The CCAA
proceedings and the stay will provide Ayurcann with the time and stability
required to continue operating in the ordinary course while considering
potential restructuring alternatives.

Ayurcann intends to seek court approval to launch a sale of the business
and assets as well as approval of debtor-in-possession financing.

Trading of Ayurcann’s common shares on the Canadian Securities Exchange
(CSE) may be halted for a period of time and, as a result of having filed
for protection under the CCAA, Ayurcann may be suspended or delisted by the
CSE.