The Ontario Securities Commission (OSC) has issued an order under subsection 1(6) of the Business Corporations Act (Ontario) (OBCA) that Trichome Financial Corp. (the Applicant) is deemed to have ceased to be offering its securities to the public. This decision is based on the Applicant’s representations that it is an offering corporation under the OBCA, it does not intend to seek public financing through securities offerings, and it has previously been granted an order confirming it is not a reporting issuer in Ontario or any other Canadian jurisdiction. The OSC concluded that granting this order would not be adverse to the public interest. The order was made on April 6, 2021. Relevant legislation includes the OBCA and the Securities Act (Ontario), with reference to National Policy 11-206 for the process of ceasing to be a reporting issuer.
