Connect with us

Hi, what are you looking for?

Tuesday, Aug 16, 2022
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Canada

Nearly $8M of cannabis, Health Canada licences seized in Ontario raid

OPP says the ‘equivalent of four full dump trucks’ of cannabis plants were apprehended

ontario provincial police car
Image via Ontario Provincial Police

Upwards of 6,000 cannabis plants and a hefty amount of bud were found during an Ontario Provincial Police raid of an illicit operation at a Kirkfield home.

In all, the estimated street value of seized cannabis July 21 at a residence on Portage Road is about $7.9 million, according to a statement from police.

OPP says the seizure of 6,152 plants in various stages of growth was the “equivalent of four full dump trucks” and worth about $6,152,000.

Police also confiscated 100 pounds of bud in the drying stage, with an estimated price tag of $225,500, and 329 pounds of dried bud, worth $1,490,370. A little over two pounds of resin was seized as well, valued at $20,840.

A skid steer, two forklifts and Health Canada licences were apprehended during the raid, but the OPP wasn’t able to provide more information on the type or number of licences at this time.

The federal agency has proposed tightening rules for licensed personal growing, to curb sales to the illicit market.

Read more: Canada’s personal medical pot growers face strict new rules

As part of the investigation, seven people have been charged under the Cannabis Act.

Charges include possession of cannabis for the purpose of distribution and unlawfully cultivating plants at a place that’s not their dwelling.

The accused will appear in court Sept. 16

 

Follow Mugglehead on Twitter

Like Mugglehead on Facebook

Follow Kathryn Tindale on Twitter

kathryn@mugglehead.com

Click to comment

Leave a Reply

Your email address will not be published.

You May Also Like

Business

CEO Payton Nyquvest says the authorization moves his firm closer to developing medicines at scale to support psychedelic-assisted therapy

Canada

The store's signage was for a tattoo studio but set up as a 'drug dispensary,' police say

Canada

The police estimate of the weed is worth around $1.2 million

Canada

When police arrived at the gas station, the Brampton man showed signs of impairment