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Platinex acquires stake in Ore. cannabis company

Platinex Inc. said Jan. 31 that it completed two previously announced transactions in the North American cannabis sector.

The company acquired a 51% interest in Intergalactic Foods LLC, a marijuana-infused products company, and also made a royalty investment into Dave's Space Cakes LLC, a marijuana-infused edibles brand company. Both firms are based in Oregon.

Platinex remains focused on assembling a large property in the Shining Tree gold camp in Ontario.