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Published on 10/5/2020 in the Prospect News Distressed Debt Daily.

GenCanna exclusive plan-filing period extended through Nov. 18

By Sarah Lizee

Olympia, Wash., Oct. 5 – OGGUSA, Inc., formerly GenCanna Global USA, Inc., obtained a second extension of the exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to an order filed Friday with the U.S. Bankruptcy Court for the Eastern District of Kentucky.

The exclusive filing period was extended through Nov. 18 from Oct. 3 and the solicitation period through Jan. 16 from Dec. 2.

Winchester, Ky.-based GenCanna is a vertically integrated agriculture-technology company specializing in the production of hemp rich in CBD. The company filed bankruptcy on Feb. 6, 2020 under Chapter 11 case number 20-50133.


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