Increasing stake to majority ownership of a business that looks to be generating increasing revenue and profitability.
Elixinol have an early foothold in Japan that has taken years to establish and is now positioned for rapid growth. I would look for a lot more to happen in this market in the short term.
Spending their money very prudently on revenue generating and profitable ventures which is good to see.
Ann: EXL increases ownership in Elixinol Japan, page-3
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