Portfolio Update - Fire and Flower
Perth, Feb 20, 2019 AEST (ABN Newswire) - MMJ Group Holdings Limited (
ASX:MMJ) (MMJJF:OTCMKTS) ("MMJ") is delighted to note that Fire & Flower Inc. ("Fire & Flower") (CVE:FAF) listed on the TSX Venture Exchange ("TSX-V") with its shares closing at CAD1.34 compared to MMJ's entry cost of CAD0.80.
MMJ owns 1.25m shares and 1.25m warrants in Fire & Flower. The current book value of this investment is AUD2.7m with an unrealised MOIC of 2.7.
MMJ's unaudited post-tax Net Tangible Asset per share ("NTA") has increased from 21 cents as at 31 December 2018 to 31 cents as at 20 February 2019. MMJ's portfolio summary is included in Appendix One.
To view the Appendix, please visit:
http://abnnewswire.net/lnk/LIH15L2M
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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