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FastForward ups stake in Australian medical cannabis company

Thu, 10th Jun 2021 15:26

(Sharecast News) - Investment company FastForward Innovations has purchased a further 1.178 million ordinary shares in portfolio company Little Green Pharma on the Australian Securities Exchange, at an average price of 65.5 Australian cents (36p) per share.
The AIM-traded firm said that following the purchase, it had a holding of 2,716,462 shares in the Australian medical cannabis producer, representing 2% of its issued share capital.

"We continue to be impressed with the management of LGP and believe in their strategy," said chief executive officer Ed McDermott.

"We will continue to support the company both financially and with our cannabis sector expertise and we are looking forward with confidence to their further growth and progress."

At 1455 BST, shares in FastForward Innovations were up 1.23% at 8.2p.
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FastForward Innovations sells entire holding in Cryptologic

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8 Jan 2020 11:09

FastForward Exits Investment In Cryptologic Amid "Poor" Performance

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FastForward Hires Former Northland Capital Executive As Director

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11 Dec 2019 10:43

FastForward Innovations "Excited" As Net Assets Increase In First Half

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FastForward Innovations CEO Named As Non-Exec Chair Of Investee Emmac

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16 Oct 2019 12:16

FastForward Innovations Investee EMMAC Raises GBP15 Million

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2 Oct 2019 16:07

UK Shareholder Meetings Calendar - Next 7 Days

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27 Sep 2019 11:16

FastForward Innovations' Leap Gaming Partners With Mansion Casino

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11 Sep 2019 11:30

FastForward Net Assets Rise In Full-Year But Share Price Tumbles

(Alliance News) - FastForward Innovations Ltd on Wednesday reported a rise in net assets at the end of its financial year but said market volatility caused a fall in its share price.Net at

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22 Aug 2019 14:00

FastForward Chair Mellon Stands Down To Focus On Other Businesses

(Alliance News) - FastForward Innovations Ltd said Thursday Chair Jim Mellon stood down from the investment firm in order to focus more on his other businesses.Mellon - chair since 2017 - a

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