MMJ 4.76% 11.0¢ mmj group holdings limited

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    Small Caps have a comprehensive article on POT STOCKS heres MMJ's

    MMJ Group Holdings (ASX: MMJ)

    MMJ Group Holdings switched from being a medical cannabis company to a pure-play investor, with investments across a range of cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment and retail.

    Its investment portfolio includes Sydney-based medical clinic and online portal Cannabis Access Clinics, Australian start-up Martha Jane Medical, and Canadian companies such as cannabis oil producer MediPharm Labs, licensed grower and pharmaceutical company Harvest One, cannabis-infused beverage company BevCanna and retail chain Fire & Flower.

    In January 2019, Harvest One announced the launch of its Satipharm reformulated CBD capsules in Europe. In a recently completed phase 2 clinical trial, the product demonstrated it could significantly reduce seizures in children suffering severe, uncontrolled and treatment-resistant epilepsy.

    In March, it became a medical cannabis supplier to Canada’s leading pharmaceutical retailer, Shoppers Drug Mart, supplying its Satipharm branded products.

    Meanwhile, MediLabs announced in February it had signed a C$35 million (A$36.94 million) private label cannabis oil sale agreement with an option for an additional C$13.5 million.

    The cannabis oil producer also has an agreement with AusCann (ASX: AC8) to provide cannabis resin for the Australian pharmaceutical company’s hard shell capsules.

 
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Currently unlisted public company.

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