MMJ Group Holdings Ltd (ASX:MMJ, OTC:MMJJF) (ASX:MMJ) non-executive director Winton Willesee has increased his number of shares in the global cannabis investment company.
Willesee has increased his holding in a series of on-market acquisitions last week to 1,716,160 fully paid ordinary shares.
He acquired a total of 116,160 shares in five separate transactions with a total value of more than A$9,200 for an indirect interest.
MMJ is currently sitting at A$0.078, having hit a high of A$0.082 last week.
About MMJ
MMJ holds minority investments within the cannabis value-chain.
MMJ’s assets (as seen above) include cultivation, extraction, crystallisation, product manufacture, retail and patient services in Australia, Canada and Europe.
One of the significant advantages MMJ holds is in its ability to secure investments in private cannabis businesses and participate in book-building for capital raisings which are not generally available to Australian retail and institutional investors.
MMJ gives shareholders access to investments in businesses capitalising on opportunities in Australia, Canada, United States of America, and Europe, which are large and growing recreational and medicinal markets.