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

MJBizDaily
By John RebchookJul 26, 2019, 6:12 pm398 pts
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…

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