MMJ sold out as per the announcement this morning.
MMJ PhytoTech Limited (ASX: MMJ) ("MMJ") announces that it has sold all of its:
• common shares and warrants in Cannabis Wheaton Income Corp (TSX-V: CBW) for CAD$5.6 million (net of brokerage), realising a 2.2x multiple on invested capital (“MOIC”)
from MMJ’s original investment in Dosecann Inc; and
• ordinary shares in e-Sense Lab Limited (ASX: ESE) (“ESE”) for AUD$0.2m (net of
brokerage), realising a 0.8x MOIC for a small cash loss after accounting for the payment recently made by ESE to MMJ as consideration for unapproved share options.
ESE Price at posting:
7.3¢ Sentiment: None Disclosure: Not Held