- Little Green Pharma (LGP) is planning to acquire a Denmark (WA) cannabis facility after raising $27.2 million in funding via a share placement
- The ASX-listed cannabis stock says $15 million of that figure will come from Hancock Prospecting, which is owned by Australian billionaire Gina Rinehart
- Once the placement is finalised, Hancock Prospecting will hold a 10 per cent stake in LGP, which plans to issue 45.3 million shares at 60 cents each
- The company will use the funds from the placement to pay for the C$20 million (A$21.47 million) Denmark business
Read the Full Article on The Market Herald here
Little Green Pharma (ASX:LGP) acquires Denmark facility via Gina Rinehart support
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.73M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $1.311K | 10.08K |
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| No. | Vol. | Price($) |
|---|---|---|
| 12 | 893792 | 12.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 268237 | 7 |
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| Last trade - 09.59am 02/09/2025 (20 minute delay) ? |
| LGP (ASX) Chart |