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THC Global Group shares halted ahead of acquisition details

The company deemed a trading halt necessary due to time differences with Canada.

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Shares last traded at 54.5 cents before being halted

THC Global Group Ltd (ASX:THC) has been granted a trading halt by the ASX pending the release of details regarding the completion of an acquisition in Nova Scotia, Canada.

Shares will likely remain halted until the earlier of either, the release of relevant details, or, the commencement of trading tomorrow.

READ: THC Global’s focus on vertical integration is beginning to show dividends: The Green Fund

Earlier this month, The Green Fund wrote a piece titled ‘THC Global – an extraction powerhouse?’

The Green Fund is a global research house that is primarily focused on the marijuana industry.

Quick facts: THC Global Group Ltd

Price: 0.385 AUD

ASX:THC
Market: ASX
Market Cap: $52.58 m
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