AEB 0.00% 0.9¢ affinity energy and health limited

There are two listed cannabis players in Uruguay. One is...

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    There are two listed cannabis players in Uruguay.

    One is $AEB/Algae.Tec. The other is $ICC/ICC Labs, formerly International Cannabis Corp.

    On January 5, 2018 Vancouver-based ICC announced plans to triple Uruguayan dried flower production capacity from 50k a year to 150k a year.

    ICC intends to produce up to 8m 30ml bottles of its branded cannabinoid oil 'BIDIOL'. It says the new facility will be fully operational by Q2/2018.

    On the Toronto market last night, $ICC climbed 22.3% to a record $1.48. MC topped $C200m.

    $AEB has signed HoA to buy a 25% stake in Auberna T/A as BioU/United Biogenics. Auberna is one of two companies with a Uruguyan cannabis license. The other is ICC.

    At present AEB's market cap is $39m.
    Last edited by cadence1: 09/01/18
 
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