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CAN: Nova Scotia MMJ project receives major investment

A medical marijuana grow facility planned for Truro has received some major investment to help advance the project.

Evan Price, president of the Truro Herbal Company (THC) announced this week that it has received an investment of $1.2 million from four separate, private investors, one of whom is Chuck Rifici, co-founder Canopy Growth Corporation, (formerly Tweed Marijuana Inc.), a pioneer in the medical cannabis industry.

Rifici is no longer connected to Canopy Growth Corp., except as a shareholder.

“There are few people in Canada that have the experience and success Mr. (Chuck) Rifici brings to the table,” Price said, of the co-founder of Canopy Growth Corp.

Price said Rifici’s knowledge of challenges the THC will face as it moves forward will assist in completing the Access to Cannabis for Medical Purpose Regulations licensing process to help ensure a smooth and efficient move into the market.

Read more at Truro Daily News
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