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Pin to quick picksSeed Share News (SEED)

Share Price Information for Seed (SEED)

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IN BRIEF: Seed Innovations investee Yooma Wellness delays results

Wed, 04th May 2022 19:30

Seed Innovations Ltd - Guernsey-based wellness and life sciences firm - Notes an announcement from investee Yooma Wellness Inc made on Tuesday regarding a delay in its annual filings. Yooma said it was unable to file its financial statements for 2021 due to unexpected delays to its audit. As a result, Yooma expects to be issued with a failure-to-file cease trade order by the Ontario Securities Commission.

Yooma develops and markets CBD and wellness products. Seed Innovations holds a 4.4% stake in the company.

Current Seed Innovations stock price: 4.80 pence

12-month change: down 38%

By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
3 Aug 2023 17:16

Seed Innovations delivers positive news from two portfolio holdings

Seed Innovations Ltd - Guernsey-based wellness and life sciences company - Notes statement from Portage Biotech Inc, in which company holds 0.2% stake. Portage reported it is poised to accelerate accrual in all clinical programs across multiple US cities and abroad. Highlights updated interim data for lead iNKT engager, Port-2, presented at the 2023 ASCO annual meeting which showed early evidence of monotherapy activity with minimal toxicity. Has entered into a clinical collaboration agreement with Merck Inc for the evaluation of Port-2. Further, notes announcement by Little Green Pharma Ltd in which it holds a 2.45% interest. Notes LGP's Desert Flame medicinal cannabis flower product has been granted a marketing authorisation in Poland with the company scheduled to ship its first product from Australia in October.

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12 Jul 2023 14:17

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

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.

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30 Jun 2023 20:15

TRADING UPDATES: On The Beach rejigs board, names new CEO and CFO

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Friday and not separately reported by Alliance News:

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27 Jun 2023 14:21

IN BRIEF: Seed Innovation net asset value declines in difficult year

Seed Innovations Ltd - Guernsey-based wellness and life sciences company - Net asset value at March 31 was down 22% to 7.54 pence per share from 9.62p at the same time the previous year. Net loss narrows to GBP836,000 in the year ended March 31, from GBP2.0 million the previous year. Proposes no dividend, unchanged from the previous year. Seed says that the financial year was challenging due to macro-economic and political factors affecting stock market stability, but notes that it is optimistic about delivering sustainable growth in the long term.

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12 Jun 2023 09:05

IN BRIEF: Seed Innovations cannabis investee gains MHRA accreditation

Seed Innovations Ltd - Guernsey-based investment company focused on medical cannabis, health and wellness sector - Says portfolio company Northern Leaf Ltd, a Jersey-based medical cannabis producer, has been awarded Good Manufacturing Practices accreditation from the UK Medicines & Healthcare Products Regulatory Agency. Accreditation is for company's flower product as an active pharmaceutical ingredient. Seed Innovations says this is "a key regulatory milestone for the company to export its products to the European Union". It owns 1.2 million shares in Northern Leaf, or 2.2% of its share capital.

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1 Jun 2023 11:09

Seed Innovations investee company Little Green Pharma sees growth

(Alliance News) - Seed Innovations Ltd on Thursday said its portfolio company Little Green Pharma Ltd posted a surge in revenue as its loss narrowed.

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17 May 2023 15:31

IN BRIEF: Seed Innovations investee company expands in Italy

Seed Innovations Ltd - AIM-listed investor in the medical cannabis, health, and wellness space - Notes announcement from investee company Avextra AG. Avextra says it has successfully exported EU-GMP standardised cannabis extracts manufactured at its German facility to its distribution partner in Italy. Avextra is a German-based, vertically integrated medical cannabis company. Seed holds a 6.6% stake in Avextra, valued at GBP4.4 million as at September 30.

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9 May 2023 16:49

IN BRIEF: Seed Innovations notes portfolio firm's shares suspension

Seed Innovations Ltd - AIM-listed investor in the medical cannabis, health, and wellness space - Notes the suspension of trading of its portfolio company Yooma Wellness Inc's common shares on the Canadian Securities Exchange and on Aquis. Says Yooma anticipates completing annual filings on or before July 15 and for share suspension to be lifted shortly after. Says Seed currently carries its investment in Yooma at GBP43,000 and expects to write this down to nothing on publication of the annual accounts for the financial year that ended March 31. Also notes portfolio firm Little Green Pharma wins extended French government tender, being appointed a primary CBD oil manufacturer for third year of an extended national French medicinal cannabis trial.

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27 Apr 2023 17:02

TRADING UPDATES: Ceiba net asset value down, up for Asia Dragon Trust

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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24 Apr 2023 19:21

TRADING UPDATES: acccesso buys firm, Card Factory ups outlook

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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20 Apr 2023 12:15

Seed Innovations sells South West Brands to OTO for GBP2.6 million

(Alliance News) - Seed Innovations Ltd said on Thursdsay its portfolio company South West Brands Ltd has entered into a sale and purchase agreement with OTO International Ltd.

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17 Apr 2023 17:43

TRADING UPDATES: Eqtec enters deal; Fulcrum buys 42 mining claims

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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11 Apr 2023 12:23

Seed Innovations completes sale of Leap Gaming

(Sharecast News) - Seed Innovations announced the completion of the sale of its portfolio company Fralis, also known as Leap Gaming, to IMG Arena US on Tuesday.

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11 Apr 2023 12:23

Seed Innovations completes sale of Leap Gaming

(Sharecast News) - Seed Innovations announced the completion of the sale of its portfolio company Fralis, also known as Leap Gaming, to IMG Arena US on Tuesday.

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11 Apr 2023 10:47

IN BRIEF: Seed Innovations completes sale of Leap Gaming

Seed Innovations Ltd - AIM-listed investor in the medical cannabis, health, and wellness space - Confirms completion of the sale of portfolio company Fralis LLC, which trades as Leap Gaming. Expects the second tranche of sale proceeds of EUR2.8 million to be received in April next year. Intends to use the proceeds received for making further investments.

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