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Zoetic International plc

Highlands Natural Resources changes name to Zoetic International

The CBD and natural resources firm will begin trading on Tuesday under the new name as well as under a new ticker symbol, ZOE

Highlands Natural Resources PLC - Highlands Natural Resources changes name to Zoetic International
The company is shifting away from natural resources towards CBD

Highlands Natural Resources PLC (LON:HNR) (OTCMKTS:HGRF) has changed its name to Zoetic International PLC with immediate effect.

The cannabidiol (CBD) and natural resources firm will begin trading on Tuesday under the new name as well as under a new ticker symbol, ZOE.

READ: Highlands Natural Resources’s Robert Price exits as CBD business is prioritised

The name change marks another step in the group’s shift away from oil and gas towards its vertically integrated CBD business, which is based around its hemp-growing operation in Colorado and retail operations on both sides of the Atlantic. 

Last week HNR said that it aims to sell off its natural resource business over the coming months.

The firm is also negotiating a possible sale of some or all of these resource assets to Robert Price, its former chief executive, as part of a severance arrangement.

In late-morning trading on Monday, the group’s shares were 11.3% lower at 4.3p.

Quick facts: Zoetic International plc

Price: £0.05

Market: LSE
Market Cap: £7.25 m
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Investor Update: Highlands Natural Resources makes first CBD sales in UK

Headlines from the Proactive UK newsroom. Highlands Natural Resources (LON:HNR) has made its first sales in the UK of CBD brand Zoetic. The first product lines are CBD tinctures in four flavours - natural, peppermint, melon and blood orange.  Versarian (LON:VRS) CEO Neil Ricketts has...

on 9/8/19

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