Word began circulating a few days ago that tobacco giant Phillip Morris has agreed to purchase Israeli cannabis company Syqe Medical for a whopping $650 million if certain future events.
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Auxly Cannabis Group Inc. (OTCMKTS:CBWTF – Get Free Report) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totalling 367,700 shares, a decline of 9.8% from the June 15th total of 407,700 shares. Based on an average daily volume of 1,277,800 […]
If the medical cannabis inhaler passes clinical trials and receives FDA approval, Philip Morris will acquire all the shares of Syqe Medical for $650 million.