SA firm aims high in budding cannabis industry with R300m investment from a US company | Fin24

  • 📰 News24
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

JSE-listed industrial cannabis investment business Labat Africa has announced that it has scored a R300m investment from a US company. | Fin24

JSE-listed industrial cannabis investment business Labat Africa has announced that it has scored a R300-million investment from US company GR Global Ventures .

The black-owned cannabis holding group said its initial capital raising process was severely impacted by the Covid-19 pandemic "We are excited that we are now able to access international cannabis investors and markets with the FSE listing. It also allows international investors an opportunity to enter the lucrative South African market," Van Rooyen said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Fin24 hey man as long my stock is finally about to see green 😭

Fin24 Yazi it look like I have to start by looking investor's abroad nami 🤞🏿

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian markets lag as US and European stocks futures riseEarly trade was cautious as MSCI’s broadest index of Asia-Pacific shares outside Japan inched down 0.5% I'm so happy I took part on this opportunity with LindaStouffes fear didn't want me to proceed at first but I just said to let go and gave it try. may you continue to excel LindaStouffes
Source: BDliveSA - 🏆 12. / 63 Read more »