Andrew Hore – Quoted Micro 9 July 2018
NEX EXCHANGE Ananda Developments (ANA) joined NEX on 4 July having raised £930,000 at 0.45p a share. Ananda is the latest medicinal cannabis-focused investment vehicle. The pre-money valuation was £500,000 There are already potential investments being assessed and management has built up relationships with businesses in Israel and Canada. A reverse takeover valued at […]
Andrew Hore -Quoted Micro 2 July 2018
NEX EXCHANGE Medicinal cannabis business investor Sativa Investments (SATI) has raised £500,000 from Miton Investment Management at 4p a share. Demand for the shares remains strong. Executive director Mark Blower has sold one million shares at 4p a share, having exercised options for the same number at 0.5p each, and Non-executive Noel Lyons has […]
Andrew Hore – Quoted Micro 25 June 2018
NEX EXCHANGE Shareholders have agreed to the proposed broadening of investing policy for Sativa Investments (SATI) and the first acquisition under the new policy is George Botanicals. Sativa paid £415,000 in cash and shares for the UK-based wholesaler and distributor of cannaboid medicinal products, including CBD oil. The company is being acquired from the […]
Andrew Hore – Quoted Micro 11 June 2018
NEX EXCHANGE There are eight companies in the running for the NEX Exchange company of the year at the Small Cap Awards. The awards will be held at The Montcalm Hotel, Marble Arch. Kent-based wines maker Chapel Down Group (CDGP) has built up a significant presence in the English wines market. The company has […]
Andrew Hore – Quoted Micro 28 May 2018
NEX EXCHANGE Sativa Investments (SATI) has made two investments in the past week. A C$200,000 investment in Rapid Dose Therapeutics Inc has been made prior to a flotation. The company’s QuickStrip fast-dissolving strip technology can be used to deliver medicinal cannabis. The other investment is in Veritas Pharma. A further C$200,000 is being invested […]