Buzzworthy news that can lead to more investing exposure is exciting for under-the-radar companies. On April 20 — which just happens to be known as an unofficial marijuana holiday — Auxly Cannabis Group began trading on the Toronto Stock Exchange. But make no mistake, this is not a new company and not the first listing. As a consumer packaged goods company, Auxly shells out millions of dollars in exchange for a decent-sized piece of the crops, along with minority equity interest in its partner companies. When marijuana was still illegal in Canada and financing was difficult to come by, Auxly was there to help producers create facilities and begin production.
Mmp News Author, Medical Marijuana Program Connection, 04/28/2021 06:52:00