Last month, Edmonton police raided a warehouse and several homes and seized $3.3 million worth of cannabis products, claiming they were part of an unlicensed retail business. Since then, charges have been pending against several different individuals.
"Funds derived from the illegal production and sale of cannabis are injected into the legitimate economy leading to revenue generated," said Const. Edmonton Police Service }'s drug and gang enforcement division, Dan Melnyk, said in a news release issued on Friday: “Unfortunately, this could undermine the integrity of the financial system. suffer a significant loss of revenue.Together, these activities jeopardize the viability of a legitimate industry.”
EPS said it began investigating the activities of online cannabis retailers in the Edmonton area in March. Investigators allege that the cultivation and sale of cannabis was not properly licensed, and believe that "cannabis production licenses for personal medical needs were misused to facilitate production."
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Read More: Eight Edmonton Businesses Fined for Illegal Sale of Cannabis Products
On July 19, police executed a search warrant for a warehouse in Onoway, Alberta and several properties in Edmonton. They seized 2,589 cannabis plants, 134 kg of dried cannabis flowers, 947 grams of psilocybin, 636 grams of cannabis concentrate, cannabis growing equipment including specialized lighting fixtures, three vehicles, and $15,500 in cash. Did.
Police said on Friday an investigation into the retailer was ongoing.
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