Is Cannabis Factory leaving Cobourg?
In these days of factories shutting down, it’s hard to know if something is temporary or permanent – and it doesn’t help if contact people are unreachable or don’t have answers. But we have two facts: 1) The operators of the Cannabis operation at 520 William street announced on March 23 that they are stopping production at their plant because of Covid-19 restrictions. Less noticed but more importantly, around the same time (the broker didn’t remember exactly when), 2) the entire plant was put up for sale for $19.9M. If their plant is up for sale, then the idea that all their staff is “furloughed” is questionable. How can they return to work if their building has been sold? So… Read complete articleIs Cannabis Factory leaving Cobourg?