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Seed Innovations Ltd - Guernsey-based investment company focused on the medical cannabis, health and wellness sector - Notes that its portfolio company Avextra has exported standardised cannabis extracts manufactured in its German facility to its distribution partner in the UK. Says this is a significant milestone that validates the regulatory pathway for medical cannabis products from Germany.
Seed Innovations holds a 7.5% stake in Avextra, a German medical cannabis company.
Current stock price: 2.30 pence, down 2.1% in London on Thursday afternoon
12-month change: down 66%
By Heather Rydings, Alliance News senior economics reporter
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