Tag Archives: LP

LP Tag

LP tag for articles on our blog. LP stands for licensed producer, the legal source of Cannabis in Canada.

Cannabis Council of Canada urges BC to act.

Original article can be found here: https://mjbizdaily.com/british-columbia-strike-undermines-struggling-cannabis-sector/ The Cannabis Council of Canada business group wants the province of British Columbia to come up with a contingency plan to safeguard the supply of legal marijuana in the province as an ongoing strike at the province’s monopoly wholesaler leaves some stores with nothing to sell. In mid-August, […]

Auxley sells grow site for $4.1 million

Original article can be found here: https://mjbizdaily.com/auxly-sells-nova-scotia-outdoor-cannabis-farm-for-less-than-it-invested/ Canadian marijuana operator Auxly Cannabis Group sold an outdoor cultivation site in Hortonville, Nova Scotia, for proceeds of 4.1 million Canadian dollars ($3.2 million) – significantly less than what it invested in the facility. As of 2021, Auxly had spent roughly CA$11.4 million to build and develop the […]

All is not well at CannTrust

Canadian cannabis producer CannTrust has just decided to restructure its workforce after several problems with their product and the way it is produced. 180 jobs have been cut since Health Canada has cracked down on the company for growing illegal pot in an unlicensed greenhouse, among other concerns. The CannTrust probe has resulted in the […]

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