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…

Excerpt only …
READ MORE BELOW
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