ZLD
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1.65% 61.5¢ zelira therapeutics limited

Ann: Zelda Enters Strategic Partnership with CannPal, page-23

  1. DocMaverick
    1,354 Posts.
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    28/03/17
    09:42
    Post #: 23667861
    Could not find anything to connect http://www.merchantfunds.com.au/ with the refered cannabis stocks?


    https://newsletters.briefs.bloomberg.com/document/7NiT-A0-0YBu-EDtpJ.Gvw--_3hz258y9jfaz10oa67l/front
    "Merchant Opportunities Fund is managed under Merchant Fund Management, another subsidiary of Merchant Group. The fund gained 89 percent last year, largely benefiting from its long investments in medical marijuana companies Zelda Therapeutics Ltd, AusCann Group Holdings, MMJ PhytoTech and MGC Pharmaceuticals Ltd, said Merchant Group's CEO Andrew Chapman. Merchant Opportunities Fund is also a cornerstone investor in CannPal, another medical marijuana company it expects will either "IPO or reverse takeover in the next couple of months," Chapman said. The fund's bullish bets on cobalt also helped returns, as the metal — used for producing batteries in electric cars — experienced a 141 percent rise after reaching a seven-year low on Feb. 1, 2016.
    Last edited by DocMaverick: 28/03/17
    ZLD Price at posting: 9.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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