• October 31 (dated 26)"During the financial year a Letter of Intent was entered into with the Malta Enterprise for the allocation of industrial space to setup abusiness in Malta for the growing and production of medical cannabis. Contingent on the allocation of a site, the Group are to investcirca €4,300,000 in improvements to site, plant, machinery and equipment, to be implemented within three years from the date ofallocation of the site. As at the date of this report the formal allocation of the site is yet to be confirmed."
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