Investment in VitaGenne
VitaGenne is a hemp-derived cannabidiol (CBD) product company focused on providing health and wellness goods in the United States. Its mission is to be the leading supplier of branded hemp-derived CBD wellness products, nutraceuticals and dietary supplements. VitaGenne's current range of products include sublingual CBD tinctures, ingestible CBD gel capsules formulated for multiple uses, topical CBD pain creams and topical CBD repairing creams.
MMJ's CEO Jason Conroy commented that "We are delighted to be the cornerstone investor in VitaGenne. The investment is our first in both hemp-derived CBD products and the United States market where we see significant opportunities for future growth."
About MMJ PhytoTech Ltd
MMJ PhytoTech Limited (ASX:MMJ) is a global cannabis investment company. MMJ owns a portfolio of minority investments and aims to invest across the full range of emerging cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment and retail. For MMJ's latest investor presentation and news, please visit: http://www.mmjphytotech.com.au/investors/
MMJ PhytoTech Ltd