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IN BRIEF: FastForward makes new investment in cannabis cultivator firm

Thu, 01st Apr 2021 20:21

FastForward Innovations Ltd - AIM-listed investment firm - Says it has been issued GBP600,000 of 24-month convertible loan notes in Jersey based medical cannabis cultivator, Northern Leaf Ltd, as part of a pre-IPO funding round by Northern Leaf raising approximately GBP14 million via the issue of the notes. The company's investment in the notes will be funded from existing cash resources.

Current stock price: 8.25

Year-to-date change: down 1.4%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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