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Greek Medical Cannabis Grower Hopes To List On The London Stock Exchange


Greek medical cannabis grower
Hellenic Dynamics aims to list on the London Stock Exchange via a reverse takeover, hoping for a valuation of £50 million
 “What we were looking for was a way of listing successfully, but also having enough oomph in our listing to accelerate our plans,” Hellenic Dynamics vice president and CEO Davinder Rai told the outlet.
The company, which launched in 2019, cultivates, exports and sells THC-dominant dried cannabis flower to European markets like Germany. Hellenic is headquartered in London, but runs its cultivation operations in a 200,000 sq. meter ex-military bunker in Northern Greece, wrote City A.M.
Hellenic’s leadership team will join Sir Anthony Joliffe, a former Lord Mayor of London, who will bring “significant listed company experience.” ....

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Exclusive: Medical cannabis company chaired by former Lord Mayor of London to float on LSE


Hellenic Dynamics vice president and CEO Davinder Rai
The company grows its plants in a 200,000-square metre ex-military bunker in Northern Greece, but is headquartered in London.
The CEO quipped that he thought there was something “very romantic about growing cannabis in an ex-bunker.”
Journey so far
Rai said he first became involved in the cannabis industry when his father, a kidney transplant patient, faced serious health problems. One of his transplanted kidneys had become cancerous and as a result Rai’s father was put on a heavy course of opioids for pain management.
“You could see that the pain treatment really wasn’t touching the sides,” the CEO said. ....

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