Colorado’s Elixinol Sell “Hemp Foods Australia” To Chinese Buyer At Bargain Basement Price

Colorado’s Elixinol Sell “Hemp Foods Australia” To Chinese Buyer At Bargain Basement Price

What’s happening here then? What’s happening looks like a total clusterf**k. On the news shares in Elixinol Global lost almost 20% in value ($22.57million) as “Hemp Foods Australia” gets sold off for $500K to  Chinese buyerYunnan Lvxin Biological Pharmaceutical Co – a subsidiary of Shanghai Shunho New Materials Technology Co   Business Australia dig into the details  Hemp Foods Australia was the reason Colorado-based Elixinol LLC listed on the ASX in the first place in January 2018, with the pair joining forces to create a global brand. One of Australia’s largest cannabis and hemp companies will rack up more than…

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Source : CANNANNEW REPORT
Link to original : Colorado’s Elixinol Sell “Hemp Foods Australia” To Chinese Buyer At Bargain Basement Price
reposted by Cannabis News World

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