MMJ Group Holdings Ltd (ASX:MMJ) is a global cannabis investment company. MMJ owns a portfolio of minority investments and aims to invest across the full range of emerging cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment and retail. For MMJ's latest investor presentation and news, please visit: http://www.mmjphytotech.com.au/investors/
MMJ Group Holdings Ltd
ASX:MMJ ISIN:AU000000MMJ4
News
MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that it has received results from the first 10 patients who participated in the Phase 2 clinical trial undertaken by MMJ's wholly-owned, Israeli-based subsidiary PhytoTech Therapeutics Ltd.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that it has entered into an agreement to acquire a strategic stake in private, Canadian-based healthcare company Dosecann Inc., via the proposed placement of C$2.5 million in secured convertible debenture units.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that its partly-owned TSX-V listed subsidiary, Harvest One Cannabis Inc. (CVE:HVST), has released two announcements regarding its intentions to undertake a fully underwritten short form prospectus offer to raise up to $25,000,000 initially and then subsequently increased to $35,000,000 (excluding over-allotments) due to strong investor demand.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that TSX-V listed Harvest One Cannabis Inc. (CVE:HVST), which is 59% owned by MMJ, has released an operational update in relation to its wholly-owned horticultural subsidiary United Greeneries Ltd.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise shareholders that the Company welcomes the recent announcement (4 January 2018) made by Federal Government Health Minister Mr. Greg Hunt outlining the Government's plans to allow the export of medicinal cannabis products from Australia.
MMJ PhytoTech Ltd (ASX:MMJ) is pleased to advise that it has finalised due diligence and signed the formal agreements to subscribe for C$2 million in secured convertible debentures in Toronto-based Weed Me Inc.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that TSX-V listed Harvest One Cannabis Inc. (CVE:HVST), which is 59% owned by MMJ, has released an operational update on its wholly-owned horticultural subsidiary United Greeneries Ltd.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that it has entered into an agreement to strengthen its position in the Canadian cannabis sector via the proposed subscription of C$2 million in secured convertible debentures in Toronto-based Weed Me Inc.. The Debentures are convertible into shares and warrants in Weed Me based on a pre-money valuation of C$10 million.
MMJ PhytoTech Limited (ASX:MMJ) wishes to advise that Dr Daphna Heffetz, Chief Executive Officer of the Company's 100%-owned Israeli-based subsidiary PhytoTech Therapeutics Limited, has tendered her resignation. Dr Heffetz will remain in her current role until 31 December 2017.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that TSX-V listed Harvest One Cannabis Inc. (CVE:HVST), which is 59% owned by MMJ, has released an update in relation to the financing agreement entered into with Mackie Research Capital Corporation.
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