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British tobacco giant invests CA$123 million in Canadian cannabis firm Auxly

by Jul 26, 2019News0 comments

Imperial Brands said it will invest 123 million Canadian dollars ($93.4 million) in a British Columbia cannabis company, the United Kingdom tobacco giant’s latest foray into the marijuana industry. With the investment, Imperial is taking a 19.9% stake in Auxly Cannabis Group, an international cannabis company based in Vancouver, British Columbia. The two companies also […]

British tobacco giant invests CA$123 million in Canadian cannabis firm Auxly is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: MJ Biz Daily

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