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IN BRIEF: Seed Innovations makes further South West Brands investment

Mon, 04th Oct 2021 20:24

Seed Innovations Ltd - investor with focus on medical cannabis - Makes further GBP150,000 investment in South West Brands Ltd, a London-based company that is seeking to establish itself as a multi-brand consumer goods group for the cannabidiol industry. Says investment is by way of a second 12-month, 8% convertible loan note as part of a funding round by SWB to raise GBP300,000. The investment takes the total amount invested by to date to GBP450,000, it adds.

Current stock price: 7.38 pence

Year-to-date change: down 99%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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