CGB 0.00% 2.1¢ cann global limited

Ann: Trading Halt, page-214

  1. 2,331 Posts.
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    Interesting to see how they go..I didnt realize they owned Hemp Foods Australia! Will MCL IPO be at $1.00 each?

    Elixinol Global Ltd (ASX:EXL) is the latest cannabis company to be admitted to the ASX and will commence trading from Monday, 8 January 2018.
    The company has raised $20 million via an initial public offer of shares at $1.00 each.
    Elixinol is already established in the U.S., where it manufactures and distributes industrial hemp-based nutraceuticals, dietary supplements and skincare products.
    The company also owns Hemp Foods Australia, which was founded in 1999 and manufactures and distributes industrial hemp-derived products in Australia.
    Elixinol’s strategy is to capitalise on the opportunities provided by being invested in a range of emerging cannabis related sectors including hemp, CBD (cannabidiol) nutraceuticals and wellness products.

    http://www.*.com.au/companies/news/...tunities-after-raising-20-million-189566.html
 
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Currently unlisted public company.

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