21:54:13 EDT Fri 19 Apr 2024
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Aurora Cannabis Inc
Symbol ACB
Shares Issued 1,089,513,408
Close 2019-12-03 C$ 3.27
Market Cap C$ 3,562,708,844
Recent Sedar Documents

Globe says Canopy, rivals hear pot charges laid in TO

2019-12-04 07:21 ET - In the News

See In the News (C-WEED) Canopy Growth Corp

The Globe and Mail reports in its Wednesday, Dec. 4, edition that Toronto police have charged two men with fraud after an aspiring cannabis edibles company took possession of a west-end commercial bakery that it purported to have purchased when in fact, police allege, it had not. The Globe's Greg McArthur writes that two principals of Easton Pharmaceuticals, which is traded on the over-the-counter market in the United States, have been charged with fraud and using a forged document in connection with the company's purchase of a 36,000-square-foot bakery known as Supreme Sweets, Toronto police said in a statement. The charges have not been proven in court, and Easton denied the allegations. The statement said the force's financial crimes unit in October arrested and charged Easton chief executive officer Evangelos Karayannopoulos, 49, (also known as Evan Karras) of Oakville, Ont., and Vincent DeMasi, 51, of Toronto, who has previously been identified as Easton's chief operating officer. Each man faces one count of fraud over $5,000 and one count of use of a forged document. On April 24, Easton said it had acquired the bakery, which it said positioned the company to "enter the cannabis edibles market."

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