SOP.L Share News (SOP)

Kanabo shares rise as integrates GP Service, seeks EU product approval

(Alliance News) - Kanabo Group PLC on Tuesday said that it has continued to make significant progress on its strategy of building a HealthTech ecosystem, after integrating its acquisition of GP Service.

Kanabo launches two new medical cannabis extract formulas

(Alliance News) - Kanabo Group PLC on Tuesday said it launched two new medical cannabis extract formulas for inhalation.

IN BRIEF: Hellenic Dynamics starts trading after reverse takeover

Hellenic Dynamics SA - London-based medicinal cannabis - Starts trading on London Main Market on Monday, following the reverse takeover of Hellenic Dynamics by UK SPAC PLC. The special-purpose acquisition company bought Hellenic Dynamics for GBP31.2 million, and it raised GBP1.1 million in fresh funds as part of its relisting. New shares and convertible loan notes were issued at 0.3 pence per share. The stock was last traded at 0.16p on Monday. Hellenic Dynamics is backed by Tel Aviv-based, London-listed medical cannabis company Kanabo Group PLC.

UK SPAC re-admission of shares approved; expects trading on December 5

(Alliance News) - UK SPAC PLC on Monday said it received approval from UK Financial Conduct Authority for re-admission to trading on the London Main Market, following its reverse takeover of Hellenic Dynamics SA, whose name it will assume.

UK SPAC takeover of Kanabo-backed medical cannabis company approved

(Alliance News) - UK SPAC PLC announced on Tuesday its proposed reverse takeover of European medical cannabis cultivation company Hellenic Dynamics has been approved by the Financial Conduct Authority.

TRADING UPDATES: Silverwood finishes acquisition; Hardide names chair

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

EARNINGS SUMMARY: Eden Research, Fox Marble revenue up; LoopUp down

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

UK shareholder meetings calendar - next 7 days

IN BRIEF: Kanabo shares dive after cannabis subsidiary announcement

Kanabo Group PLC - Tel Aviv-based medical cannabis company - Forms Kanabo Agritec Ltd, a subsidiary for medical cannabis cultivation in Spain in which Kanabo holds 40% of shares.

IN BRIEF: Kanabo Group extends GP Service contract with major retailer

Kanabo Group PLC - Tel Aviv-based medical cannabis company - Extends its existing contract between the GP Service and a "major UK food retailer", which it didn't name. Kanabo says the recently bought GP Service, under the new contract extension, would now provide live video consultation services with prescriptions available for collection through the GP Service partner network, which covers over 4,000 pharmacies across the UK. In addition, the GP Service will offer fit notes and referrals. Consultations will be available between 8am and 8pm everyday all year round, it adds.

EARNINGS UPDATES: Jadestone boasts record revenue on surging oil price

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

SMALL-CAP WINNERS & LOSERS: Avation flying after lease extension

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

IN BRIEF: Kanabo to form strategic partnership with Materia

Kanabo Group PLC - Tel Aviv-based medical cannabis company - Says it will now form a strategic partnership with Materia, rather than a previously proposed acquisition deal. Kanabo aims to leverage Materia's assets without exposing its shareholders to dilution and without needing to raise funds.

TRADING UPDATES: Mothercare distances from Russia; Midatech's J&J deal

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

TRADING UPDATES: Panther Securities wins lease; NightCap opens new bar

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