Pot producer Ascent granted creditor protection after losing licenses

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By The Canadian Press Mon., March 4, 2019 VANCOUVER – Cannabis producer Ascent Industries Corp. says an order granting the company creditor protection has been issued by the Supreme Court of British Columbia. The B.C.-based company says it filed for CCAA to address near-term liquidity issues which were in “large part” caused by Health Canada’s suspension of its licences under its subsidiary Agrima Botanicals Corp.

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