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Driving future growth in derivative cannabis productsImperial Brands to invest approximately $123 million by way of a debenture convertible into 19.9% ownership of Auxly at a conversion price of $0.81 per shareAuxly granted global licences to Imperial Brands’ vaping technology and intellectual property and access to its vapor innovation business, NerudiaAuxly to become Imperial Brands’ exclusive partner for cannabis-related initiativesJointly establish a Commercial Cooperation Group to foster collaboration between the partiesIdeally timed to benefit from the legalization of cannabis derivative products in Canada later ...Read The Full Article On PotStockNews.com
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