Rachel Binder

1 month ago | mondaq.com | Danielle Maréchal |Rachel Binder |Misha Apel |Danica Jorgenson

Further to our previous insight on the decision of Delta9 Cannabis Inc (Re), 2025 ABKB 52 (Delta 9), theCourt of King's Bench of Alberta (the Court) approved on May 5,2025, an application made by Freedom Cannabis Inc. (Freedom) for,among other things, transaction approval and a reverse vestingorder in the matter of Freedom Cannabis Inc (Re), 2025ABKB 272.

Feb 13, 2025 | mondaq.com | Jonathan Sherman |Natalie Levine |Rachel Binder |Thea Lastman

On January 29, 2025, the Court of King's Bench of Albertaapproved applications made by Delta 9 Cannabis Inc. (Delta 9),among others, for: (a) a sanction order and stay extension; and (b)a sale approval and vesting order and an approval and reversevesting order. In the decision, the Court examined the standard fordirector releases in a reverse vesting transaction and ultimatelyapproved the releases over the objections of the Canada RevenueAgency (CRA).