Co-founder of Canopy Growth, Chuck Rifici, founded Auxly as a marijuana streaming company. This means Auxly, formerly Cannabis Wheaton, provides support in cultivation, regulation, construction, retail, and financing to companies all along the cannabis supply chain. In exchange for these services, Auxly receives royalties on sales, future products, or exclusive licensing agreements. This innovative streaming model is meant to combat the undersupply of cannabis in the Canadian market as legalization day approaches and is unlike any other producer NICI has seen.
updated October 21 2019