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Elixinol Global Ltd sees steady improvements in first quarter revenue as UK COVID restrictions ease and US stimulus packages take effect

Elixinol Global sees steady improvements in first quarter revenue as UK COVID restrictions ease and US stimulus packages take effect Its lead indicators for the current quarter are looking positive as the UK comes out of a hard lockdown and customers have started placing replenishment orders. It is well-funded with A$23.3 million to support acquisitive growth and sustain conditions in markets that are still COVID-affected Elixinol Global Ltd’s (ASX:EXL) (OTCMKTS:ELLXF) (FRA:E8M) group revenue steadily improved across the course of the March quarter as consumers recovered from Christmas trading periods, COVID-related restrictions started to ease in the UK and the impact of US stimulus packages took effect.

Elixinol to Acquire 100% of CannaCare Health

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Elixinol to Acquire 100% of CannaCare Health Elixinol GlobalMarch 17, 2021 GMT Acquisition positions Elixinol as a leading pan-European CBD business and accelerates path to profitability Management to discuss transaction and provide business update at the Cannabis Investing Forum on March 18 WESTMINSTER, Colo., March 17, 2021 (GLOBE NEWSWIRE) Elixinol Global Limited (Elixinol or the Company) (ASX:EXL; OTCQB:ELLXF) is pleased to announce that it has entered into a binding agreement for its subsidiary (Elixinol B.V.) to acquire all of the issued share capital of CannaCare Health GmbH (CannaCare), a company incorporated in Germany (Proposed Transaction). The vendors of CannaCare are Mr Frank Otto, Ms Annette-Rosa Oplesch and an entity associated with Mr Michael Oplesch (Vendors). The Proposed Transaction is subject to the satisfaction of certain conditions precedent, the details of whic

Elixinol to Acquire 100% of CannaCare Health

Elixinol to Acquire 100% of CannaCare Health
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Hospitality preparing for new dawn

Hospitality preparing for new dawn 10:51 | 16/03/2021 Although the hospitality sector on a global level will remain gloomy for some time compared to the heady days of 2019, the rollout of vaccination programmes in Vietnam has begun to boost the confidence of hoteliers as they prepare to eventually welcome new travellers.  Hospitality preparing for new dawn, illustration photo The emergence of new and potential variants of COVID-19 has prompted many governments to reverse previous efforts to ease restrictions on travel, with strict closures to tourists most prevalent in Asia-Pacific and Europe. Currently, it is estimated that one in three destinations worldwide are now completely closed to international tourism, according to the United Nations World Tourism Organization.

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