Canadian cannabis company Lifestyle Delivery Systems (CSE: LDS) (OTC: LDSYF), which operates an extraction lab in Adelanto, California, has apparently been raided. The company’s website says that it is a “a licensed, state-compliant vertically integrated cannabis related company. From our isogenic pollination nursery to our cutting edge, state-of-the-art production facility located in Southern California, LDS has become one of the most diverse, innovative and scientifically based cannabis companies throughout North America.”
According to the Daily Press, its facility was raided on Thursday morning for operating an “illegal cannabis extraction lab”. The paper also reported building code violations. The company reported its financials on 11/29, indicating that it had invested over $6mm this year into the facility. The CSE suspended trading this morning.
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