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Pin to quick picksSeed Share News (SEED)

Share Price Information for Seed (SEED)

London Stock Exchange
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Share Price: 1.75
Bid: 1.60
Ask: 1.90
Change: 0.05 (2.94%)
Spread: 0.30 (18.75%)
Open: 1.70
High: 1.75
Low: 1.70
Prev. Close: 1.70

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IN BRIEF: Seed Innovations firm wins USD1.6 million cannabis oil deal

Wed, 12th Jul 2023 14:17

Seed Innovations Ltd - Guernsey-based wellness and life sciences company - Notes announcement released on the Australian Stock Exchange by its portfolio company, Little Green Pharma Ltd, in which the company holds a 2.5% interest. Says Little Green Pharma has been awarded a commercial tender to supply up to USD1.6 million of its CBD50 medical cannabis oils to a French medicinal cannabis trial. Says this trial is until March 2024 and is currently the largest government-led trial in Europe.

Seed Innovations Vice President of Investment Analysis Alfredo Pascual says: "We are delighted that Little Green Pharma has been chosen to supply CBD products to the French medicinal cannabis trial until its conclusion in 2024. France, with its potential as a major future medicinal cannabis market in Europe, holds promising prospects for Little Green Pharma, and the tender presents a remarkable opportunity to have a first mover advantage."

Current stock price: 2.06 pence, up 5.4% on Wednesday afternoon

12-month change: down 56%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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19 Jun 2024 16:15

IN BRIEF: Seed Innovations loss narrows while NAV decreases

Seed Innovations Ltd - investor focused on early-stage health, wellness and medical cannabis firms - In the financial year to March 31, comprehensive loss narrows to GBP2.1 million from GBP4.5 million a year prior. Basic and diluted loss per share is 1.01 pence compared with 2.10p. No dividend was declared, unchanged from a year prior. Net assets per share totals GBP6.73 compared with GBP7.54. Remains "frustrated that the market does not understand the value and quality of our net asset value," company says. Says it is focused on utilising strategic initiatives to enhance investor perception and communicate its "intrinsic value proposition" to the market. Remains optimistic about Seed's current investment portfolio.

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(Alliance News) - Seed Innovations Ltd shares shot up on Tuesday, after it said it will pay out a special dividend to shareholders.

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Seed Innovations rises; receives GBP2.4 million from Leap Gaming sale

(Alliance News) - Seed Innovations Ltd shares rose on Monday, after it said it has received the remaining GBP2.4 million from the sale of its portfolio company Fralis LLC, trading as Leap Gaming.

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15 Apr 2024 10:06

Seed Innovations gets £2.4m balance from Leap Gaming sale

(Sharecast News) - Health, wellness and medical cannabis investor Seed Innovations announced the receipt of £2.4m (€2.76m) from the final instalment of the sale proceeds of its portfolio company Fralison Monday, which operated as Leap Gaming.

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EARNINGS AND TRADING: Nanoco receives proceeds from Samsung litigation

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