Two Perth cannabis floats set to green ASX

Two Perth cannabis floats set to green ASX

Two Perth-based cannabis companies are set to make their debut on the ASX in the coming days, hoping to revitalise an industry that has seen better days. Perth-headquartered Emerald Clinics is listing on Wednesday after a $8 million capital raising, while shares in West Perth-based grower Little Green Pharma are set to begin trading early next week week after a $10 million initial public offering. The listings come at a difficult time in the industry, which is struggling with a glut of supply globally as legalisation has progressed more slowly than some cannabis backers optimistically predicted. Shares in ASX-listed companies…

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Source : CANNANNEW REPORT
Link to original : Two Perth cannabis floats set to green ASX
reposted by Cannabis News World

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