ST.
Cannabis company Atlantic Cultivation has acquired the insolvent Tantalus Labs brand.The deal includes Tantalus Labs' brands and remaining inventory.The company had to lay off more than 50 workers at its facility in Maple Ridge, B.C., owing millions to its main lender and millions more for unpaid excise taxes.This report by The Canadian Press was first published Aug. 28, 2023.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cannabis company Atlantic Cultivation acquires insolvent Tantalus Labs brandST. JOHN'S, N.L. — Cannabis company Atlantic Cultivation has acquired the insolvent Tantalus Labs brand. Financial terms of the agreement were not immediately available. The deal includes Tantalus Labs' brands and remaining inventory. Founded in 2012 by Dan Sutton, Tantalus entered bankruptcy and insolvency proceedings in late June. The company had to lay off more than 50 workers at its facility in Maple Ridge, B.C., owing millions to its main lender and millions more for unpaid excise taxes. At
Source: YahooFinanceCA - 🏆 47. / 63 Read more »