MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that it has entered into a binding share sale agreement pursuant to which it has conditionally agreed to sell its wholly-owned subsidiary PhytoTech Therapeutics Ltd to Harvest One Cannabis Inc. (CVE:HVT) for a maximum total consideration of CAD$8 million.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to announce the appointment of MMJ's CFO, Jim Hallam, as Joint Company Secretary of MMJ effective immediately.
MMJ PhytoTech Limited (ASX:MMJ) notes significant progress made overnight with the Canadian Federal Government's Bill C-45 (The Cannabis Act) being approved by the Senate and moving through to the final approval stage of Royal Assent.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to note the attached news release by Harvest One Cannabis Inc. (CVE:HVT) confirming that its wholly-owned subsidiary, United Greeneries, has received a Dealer's License pursuant to the Controlled Drugs and Substances Act under Health Canada.
MMJ PhytoTech Limited (ASX:MMJ) has invested CAD$0.5 million for a 3.6% shareholding in privately-held BevCanna Enterprises Inc..
MMJ PhytoTech Limited (ASX:MMJ) notes progress made overnight with the Canadian Federal Government's Bill C-45, depicted in the link below.
MMJ PhytoTech Limited (ASX:MMJ) has invested CAD$0.7 million for a 12.7% shareholding in privately-held Bien Ventures Ltd. Bien is based in Calgary, Canada and is an intellectual property, branding and licensing company.
