01:48:47 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Aurora Cannabis Inc
Symbol ACB
Shares Issued 1,017,438,714
Close 2019-08-23 C$ 7.52
Market Cap C$ 7,651,139,129
Recent Sedar Documents

FP says Hexo, rivals see Highlife big pot store winner

2019-08-23 09:31 ET - In the News

See In the News (C-HEXO) Hexo Corp

The Financial Post reports in its Friday, Aug. 23, edition that multiple addresses associated with one legal cannabis retailer based in Sudbury, Ont., appear to have won big during the second round of Ontario's cannabis retail lottery, winning seven of the 42 draws that guarantee eligibility to apply for a licence to operate a store. The Post's Vanmala Subramaniam writes that more than 100 different individuals used 14 addresses linked to Highlife Cannabis to submit over 650 applications to the Alcohol and Gaming Commission of Ontario. Seven of those applications were successful and covered almost all regions of the province except the north, where Highlife already operates a legal weed store. An additional five applications were placed on a wait list. Anton Lucic, who also won in the first round of the lottery earlier this year, owns Highlife, one of two legal cannabis stores already operating in Sudbury. AGCO rules allow for multiple individuals to use the same address on different applications, even though a higher number of submissions for a single location increases the likelihood of a win.

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