Shareholding in Harvest One
Perth, Dec 3, 2018 AEST (ABN Newswire) - MMJ Group Holdings Limited (ASX:MMJ) (2P9:FRA) (MMJJF:OTCMKTS) ("MMJ") confirms the expiry of its notice of intention to sell up to 5 million shares held in Harvest One Cannabis Inc. (TSX-V:HVT) ("Harvest One") that was filed in the Form 45-102F1 under Harvest One's SEDAR profile on 31 October 2018 and announced by MMJ on 1 November 2018. MMJ had sold on-market a total of 935,500 Harvest One shares pursuant to that notice.
Commenting on MMJ's shareholding in Harvest One, MMJ's CEO Jason Conroy said "With Harvest One's share price recently underperforming its market peers, we have not renewed our expired notice to sell any more of its shares. We now look forward to monitoring and assessing Harvest One's progress through its quarterly results and other public announcements."
MMJ owns 55,557,994 shares in Harvest One for a 30.5% shareholding.
About MMJ Group Holdings Ltd
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: https://www.mmjphytotech.com.au/investors/
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