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Monday, 01/21/2019 12:02:56 PM

Monday, January 21, 2019 12:02:56 PM

Post# of 3433
“Auxly is emerging as a large player in the distribution and marketing of cannabis in Canada. Lotus Ventures benefits in several ways from the Auxly streaming relationship, in addition to access to equity, the relationship provides us with assured offtake of at least half of our production as well as access to their market and industry expertise," said Dale McClanaghan, president and chief executive officer of Lotus.

"This will enable Lotus to grow more rapidly than it otherwise would while working towards establishing a reputation as a top-tier Licensed Producer."

Auxly Cannabis shares rocket as it advances $4mln to Lotus Ventures to complete growing facility 14:36 11 Sep 2018
Auxly has invested C$4mln to help fund Lotus’ 22,500 sq/ft facility in Armstrong, British Columbia

https://www.proactiveinvestors.com/companies/news/204668/auxly-cannabis-shares-rocket-as-it-advances-4mln-to-lotus-ventures-to-complete-growing-facility-204668.html

cheers...