Investments and investor services
SEED Innovations investee company signs German sales agreement
Two of the first three strains are expected to be delivered in the third quarter
Company
LON:SEED
SEED Innovations Ltd is an investment company focused primarily on disruptive high growth life sciences and technology businesses particularly within the medical cannabis arena. The company's strategy is to identify early-stage opportunities that have an upcoming investment catalyst and grow its portfolio in terms of value whilst limiting the number of investee companies to a level where relevant time can be devoted to each.
44 stories · page 2 of 3
Investments and investor services
Two of the first three strains are expected to be delivered in the third quarter
Investments and investor services
SEED holds just under 9% of the shares in the German medical cannabis company
Several CBD products sold by some of SEED’s portfolio companies have been included on the FSA’s list
LGP was recently awarded an Italian government tender to supply cannabis flower into Italy
Investments and investor services
The tender award gives LPG access to the Italian market with a 60mln population and a total addressable market worth A$10bn
Investments and investor services
Demerger will create separate company focused on psychedelic medication
Investments and investor services
LGP reported revenue of A$3.7mln in its latest quarter alongside A$4.9mln in cash receipts
Archive
ASOS 2,515p £2,257.6m (LON:ASC) ASOS plc today announces the appointment of Patrick Kennedy, Chairman of Bank of Ireland Group plc and the former Chief Executive of Paddy Power plc, to its Board of Directors with immediate effect. Patrick r
Investments and investor services
Upon approval, Eurox will have exclusive rights to sales and distribution of the vaporiser in the EU, UK and Brazil
Investments and investor services
Sales through pharmacies are scheduled to begin in February 2022
Positive progress was reported for all its investee companies, but the board has been frustrated by unfavourable stock market sentiment around cannabis-related companies in recent months
SEED has increased its investment in Leap, a developer of high-end virtual sports, slots, and casino applications serving hundreds of gaming brands
Archive
Mercia Asset Management 39p £171.6m (LON:MERC) The proactive, regionally focused specialist asset manager with c.£940m of assets under management, announced that its third-party managed fund portfolio company Pimberly Limited, has completed
SEED has an 8.85% shareholding in the cannabis group
"South West Brands have made considerable progress since our last investment with the successful launches of two consumer brands,"
Factom’s value in SEED’s portfolio was written down to zero last year
A total of three import shipments are expected before the end of October
"Alongside the strong financials reported are the reported growing patient numbers"
"We expect to see a number of distribution avenues through pharmaceutical distributors and medical cannabis distributors for the 'made in Germany' Eurox-brand"
"It is a huge achievement to have developed, manufactured and to be selling its own-branded, unique, 'made in Germany', EU GMP medical cannabis extracts ahead of their projected timetable."