RE: Something incoming!20 Sep 2020 14:35
London Stock Exchange
Medical cannabis companies cleared for London stock market.
MGC Pharmaceuticals, which is listed in Australia, has said it is looking to float on the London Stock Exchange.
“We’ve been trying to list [in London] for more than a year and a half,” said Roby Zomer, MGC’s chief executive. “It was frustrating because no one wanted to take a position on this and put all companies that had something to do with cannabis in one basket,” he said, adding that he welcomed the “FCA finally taking a position on the matter”.