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IN BRIEF: Seed Innovations investee exports medical cannabis to UK

9th Feb 2023 13:00

Seed Innovations Ltd - Guernsey-based investment company focused on the medical cannabis, health and wellness sector - Notes that its portfolio company Avextra has exported standardised cannabis extracts manufactured in its German facility to its distribution partner in the UK. Says this is a significant milestone that validates the regulatory pathway for medical cannabis products from Germany.

Seed Innovations holds a 7.5% stake in Avextra, a German medical cannabis company.

Current stock price: 2.30 pence, down 2.1% in London on Thursday afternoon

12-month change: down 66%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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