FBC Craft Supply Co. Ltd., (announces that on February 22, 2022, the Supreme Court of British Columbia granted the Company an order extending the stay of proceedings and time to file a proposal to its creditors pursuant to the Bankruptcy and Insolvency Act, up to and including April 8, 2022. This is the first extension granted to the Company in the context of the Notice of Intention to File a Proposal filed by CRFT on January 25, 2022. The Company intends to file a proposal to its creditors within the extension period.
About BC Craft Supply Co. Ltd.
BC Craft Supply Co. Ltd. is a diversified wellness company advancing cannabinoid and psychedelic innovation and psychotherapy. The Company offers a reimagined vision for craft markets through collaboration, expertise, and adaptation. Its operations include:
- CRFT a curator and aggregator of craft cannabis, providing advocacy and access for premium small-batch growers to Canada’s cannabis market;
- Medcann Health Products – a cultivation and processing facility in Chemainus BC;
- Feelwell Brands, a successful cannabinoid brand house licensed in the state of California; and
- AVA Pathways a pre-clinical biotech company focused on neuroplasticity and mental health applications using psilocybin and compounds derived from mushrooms.
BC Craft works with local artists cross-sector and remains fervently committed to keeping the art, technique, and purity of their pursuit. Follow @BC_Craft on Twitter for the latest updates.
