Brian Goodman, CEO of Golden Matrix Group Inc. explains how they stay one step ahead of their rivals. Watch the interview here.

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Sponsored Content

Pin to quick picksSeed Share News (SEED)

Share Price Information for Seed (SEED)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.60
Bid: 1.50
Ask: 1.70
Change: 0.00 (0.00%)
Spread: 0.20 (13.333%)
Open: 1.60
High: 1.60
Low: 1.60
Prev. Close: 1.60

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Seed Innovations puts another £50k into South West Brands

Mon, 08th Aug 2022 13:04

(Sharecast News) - Medical cannabis, health and wellness-focussed investor Seed Innovations has invested a further £50,000 in London-based wellness and beauty brand owner South West Brands (SWB), it announced on Monday.

The AIM-traded firm said the investment was made via a three year, 8% convertible loan note, as part of a funding round by SWB to raise up to £1m, of which £0.57m had been secured.

In addition, Seed said it had agreed to convert £50,000 of the 12-month, 8% convertible loan note subscribed for in July last year into the new three-year, 8% note.

The investment and the conversion took the total amount invested by Seed in SWB to date to £0.5m.

Seed said SWB was continuing to make progress on its strategy, with two consumer brands now listed for sale at a "major" UK high street retailer, and online.

The first brand, 'LoveMeMeMe', was described as a "Gen-Z self-care brand" that produces and markets all-vegan and cruelty-free skin, body and hair care products with cannabidiol (CBD) ingredients.

'FEWE', meanwhile, was described as "the world's first full cycle-care brand" that was dedicated to helping women understand the science behind the monthly menstrual cycle.

Seed said listings of the brands with Asos and at Superdrug represented a "significant step forward" and a "resounding endorsement" for prominent retailers about the brands and positioning, while supporting the company's omnichannel approach to building its brands.

The company also confirmed the addition of SWB's 'Botanic Lab' drinks and supplements to the UK Food Standard Agency's list of cannabidiol products permitted to stay on the market in England and Wales.

"We have seen some considerable progress made by the team at South West Brands over recent weeks with the launch of their two brands for sale into Superdrug stores and online at Asos," said Seed chief executive officer Ed McDermott.

"The products have received a fantastic reception by consumers in what is fast becoming a burgeoning FemTech sector where South West Brands are leading the charge.

"Generating early revenues, with the products now increasingly available, we anticipate seeing a fast uptick in wholesale sales which will further lead to additional product development and hopefully support for the products availability outside of the UK."

At 1135 BST, shares in Seed Innovations were up 0.6% at 4.23p.

Reporting by Josh White at Sharecast.com.

More News
11 Nov 2024 14:25

Seed Innovations exits Pantheon Resources investment

(Alliance News) - Seed Innovations Ltd on Monday announced the divestment of its entire stake in Pantheon Resources PLC.

Read more
17 Sep 2024 13:48

UK shareholder meetings calendar - next 7 days

Wednesday 18 September 
AO World PLCAGM
Castelnau Group PLCAGM
Frasers Group PLCAGM
Games Workshop Group PLCAGM
Gore Street Energy Storage Fund PLCAGM
IG Group Holdings PLCAGM
Moonpig PLCAGM
Real Estate Credit Investments LtdAGM
Schroder British Opportunities Trust PLCAGM
Wise PLCAGM
Thursday 19 September 
Augmentum Fintech PLCAGM
Auto Trader Group PLCAGM
Babcock International Group PLCAGM
Ferrexpo PLCGM re re-election of Vitalii Lisovenko to board
Liontrust Asset Management PLCAGM
PHSC PLCAGM
Supreme PLCAGM
Trakm8 Holdings PLCAGM
Friday 20 September 
abrdn New India Investment Trust PLCAGM
Belluscura PLCAGM
Crossword Cybersecurity PLCGM re proposed increase in borrowing limit
Kropz PLCGM re fundraise
SDX Energy PLCAGM
SysGroup PLCAGM
Monday 23 September 
ACP Energy PLCAGM
Alphawave IP Group PLCGM re employee share schemes
Altitude Group PLCAGM
Dialight PLCAGM
Gateley Holdings PLCAGM
Ondo InsurTech PLCAGM
Petrofac LtdAGM
Rockpool Acquisitions PLCAGM
Tern PLCGM re share issue
Tuesday 24 September 
Cohort PLCAGM
DSW Capital PLCAGM
First Property Group PLCAGM
Ilika PLCAGM
Kainos Group PLCAGM
Knights Group PLCAGM
LendInvest PLCAGM
Merit Group PLCAGM
Miton UK MicroCap Trust PLCAGM
Seed Innovations LtdAGM
Zigup PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
7 Aug 2024 18:43

TRADING UPDATES: Savannah Energy's Petronas deal falls through

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

Read more
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.

Read more
18 Apr 2024 14:12

UK dividends calendar - next 7 days

Friday 19 April 
Chelverton UK Dividend Trust PLCdividend payment date
Empiric Student Property PLCdividend payment date
FW Thorpe PLCdividend payment date
Heavitree Brewery PLCdividend payment date
Heavitree Brewery PLC A dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Palace Capital PLCdividend payment date
STS Global Income & Growth Trust PLCdividend payment date
Monday 22 April 
no events scheduled 
Tuesday 23 April 
Crest Nicholson Holdings PLCdividend payment date
Invesco Asia Trust PLCdividend payment date
Pantheon Infrastructure PLCdividend payment date
Pembroke VCT PLC Bdividend payment date
Pinewood Technologies Group PLCex-dividend payment date
Wednesday 24 April 
Conduit Holdings Ltddividend payment date
Thursday 25 April 
abrdn Asian Income Fund Ltdex-dividend payment date
AVI Japan Opportunity Trust PLCex-dividend payment date
Bakkavor Group PLCex-dividend payment date
Bankers Investment Trust PLCex-dividend payment date
Bodycote PLCex-dividend payment date
Cairn Homes PLCex-dividend payment date
Central Asia Metals PLCex-dividend payment date
City of London Investment Trust PLCex-dividend payment date
ConvaTec Group PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCex-dividend payment date
Derwent London PLCex-dividend payment date
Eurocell PLCex-dividend payment date
Foresight Solar Fund Ltdex-dividend payment date
Greggs PLCex-dividend payment date
Hansard Global PLCdividend payment date
Harworth Group PLCex-dividend payment date
Henderson Far East Income Ltdex-dividend payment date
HSBC Holdings PLCdividend payment date
Invesco Select Trust PLC Global Equity Income ex-dividend payment date
Invesco Select Trust PLC UK Equity ex-dividend payment date
JPMorgan Claverhouse IT PLCex-dividend payment date
Legal & General Group PLCex-dividend payment date
ME Group International PLCex-dividend payment date
Morgan Advanced Materials PLCex-dividend payment date
Morgan Sindall Group PLCex-dividend payment date
Mortgage Advice Bureau Holdings PLCex-dividend payment date
MP Evans Group PLCex-dividend payment date
Murray International Trust PLCex-dividend payment date
Portmeirion Group PLCex-dividend payment date
Public Policy Holding Cos Incex-dividend payment date
Rightmove PLCex-dividend payment date
Sabre Insurance Group PLCex-dividend payment date
Schroder Oriental Income Fund Ltdex-dividend payment date
Secure Trust Bank PLCex-dividend payment date
Seed Innovations Ltdex-dividend payment date
Seplat Energy PLCex-dividend payment date
Shaftesbury Capital PLCex-dividend payment date
Spirax-Sarco Engineering PLCex-dividend payment date
St James's Place PLCex-dividend payment date
Stelrad Group PLCex-dividend payment date
Team Internet Group PLCex-dividend payment date
Tufton Oceanic Assets Ltdex-dividend payment date
Tyman PLCex-dividend payment date
Volta Finance Ltddividend payment date
Wickes Group PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
17 Apr 2024 21:55

EARNINGS AND TRADING: Chill Brands shareholder seeks board ejections

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

Read more
16 Apr 2024 11:14

Seed Innovations shares boosted by special dividend

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

Read more
16 Apr 2024 10:45

AIM WINNERS & LOSERS: Seed Innovations leaps on special dividend

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

Read more
15 Apr 2024 10:08

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.

Read more
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.

Read more
9 Apr 2024 16:04

TRADING UPDATES: Beowulf consolidates Vardar; GIF outpaces benchmark

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

Read more
26 Mar 2024 11:29

Seed Innovations investee bags funding for palm oil alternative

(Alliance News) - Seed Innovations Ltd announced on Tuesday that its investee company, Clean Food Group Ltd, had successfully raised GBP2.5 million.

Read more
29 Feb 2024 18:06

TRADING UPDATES: United Oil adds Jamaica expert; Vaalco makes buy

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

Read more
20 Feb 2024 20:13

TRADING UPDATES: Franchise Brands sets targets, Cindrigo agrees loan

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

Read more
24 Jan 2024 20:16

EARNINGS AND TRADING: Nanoco receives proceeds from Samsung litigation

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

Read more

Make Better Investment Decisions

Register for FREE

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.