Ohio Issues Level I Cultivator Provisional Licenses, Bad News for Liberty & MPX
This morning, the Ohio Department of Commerce announced license approvals for 11 Level I cultivators. As you will notice, there was no license awarded to Liberty Health Sciences (CSE:LHS) (OTC:LHSIF), the American sister-company of Aphria Inc. (TSX:APH) (OTC:APHQF).
Besides the bad news for shareholders of Liberty Health, this was also bad news for shareholders of MPX Bioceutical (CSE: MPX) (OTC: MPXEF), which also put in three applications under the name GreenMart. Shares of Liberty are being hit far harder than MPX in the markets today, currently down over 30% intraday compared to MPX, which is down nearly 10%.
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