Column 1 0 As government legislation moves closer to making medical cannabis a flourishing commercial industry, companies across the various sectors where this will have an influence are making moves to capitalise.One ASX listed $40 million capped company, has already launched its first range of cosmetic cannabis-based products in Europe.The company is now working on becoming a fully integrated medical cannabis entity with interests in sales, distribution, growing and R&D.A recent agreement to acquire Panax Pharma, a licensed Czech-based medical cannabis company is set to fast track its ambitions.To ensure it has the funds to fulfil its goals, this company has just closed a $5M capital raising to sophisticated and institutional investors, at 4.4 cents a share.Meanwhile, retail investors, who are holders of the stock on the record date of 13 May, can participate in a company capital raise on the same terms as the sophisticated investors via a Priority Rights Offer (PRO). The date means new investors to the company are still be able to participate in the PRO.The company seeking to raise up to $2M via the PRO, but could see oversubscriptions of a further $0.5M.The information in this email should not be the only trigger for your investment decision. Click on the link below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.This company was the first ASX-listed company to sign a wholesale CBD offtake agreement for its product - to the value of $60M, and it has managed to deliver on its initial target of commercialising medical cannabis cosmetic products as early as 2016.With that in mind the company's commercial future looks bright.[/table]
Column 1 0
Column 1 0
[/table]
Column 1 0
Column 1 0 Regular readers of The Next Oil Rush, The Next Mining Boom, The Next Small Cap and The Next Tech Stock will know that we have a stellar track record of identifying high potential companies.88E has been up over 680%, TSX:AOI has been up over 600%, MOZ as high as 360%, ADV as high as 380%, and EMH as high as 260% since we published articles on these stocks.ZIP has been as high as 460%, LIT as high as 340%, BLK as high as 200%, RLE as high as 110%, and CZL as high as 100% since we published articles on these stocks.
- Forums
- ASX - By Stock
- RGT
- Great article on MXC
Great article on MXC
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.58M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 3022 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6292 | 0.255 |
1 | 17426 | 0.205 |
1 | 35000 | 0.200 |
1 | 15389 | 0.195 |
1 | 15001 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 522 | 3 |
0.315 | 2876 | 1 |
0.320 | 380 | 1 |
0.325 | 5304 | 1 |
0.330 | 2316 | 1 |
Last trade - 16.12pm 28/06/2024 (20 minute delay) ? |
Featured News
RGT (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online