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Investegate |Asimilar Group PLC Announcements | Asimilar Group PLC: Half-year Report

The Board is pleased to announce the Group s unaudited results for the six month period ended 31 March 2021. The key highlights during the period were:

·
Completion of £7m investment in Dev Clever Holdings Plc ( DEV )at 10p per share
·
Sale of option and warrant rights to subscribe to, in aggregate, up to 45 million ordinary shares in DEV by the Company s wholly owned subsidiary, Intrinsic Capital Jersey Limited ( ICJL ) to Sitius Limited, for £3.5m cash consideration
·
Gain on re-measurement of assets to fair value of £21,836,376
·
Profit for the period of £23,427,188 (21.67 pence per share)
·
Total assets of £38,066,221, up from £12,457,890 at September 2020
·
Further investments in SeeQuestor Limited by ICJL for a total equity investment of £500,000 during the six month period ended 31 March 2021 ....

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Investegate |Asimilar Group PLC Announcements | Asimilar Group PLC: Final Results

I am pleased to present the annual report and consolidated financial statements for Asimilar Group plc ( Asimilar , the Group , or the Company ), for the financial year ended 30 September 2020.

Technology is at the foundation of our investment criteria. We invest in businesses that develop purpose-built technology and operational expertise with potential to scale and generate positive returns for shareholders. We back founders that have a dedicated passion and competency for creating and engineering premium customer experiences through technology, content and product innovation.

As an investment business we evaluate a significant pipeline of potential investment opportunities based on the principles of our stated investment criteria. Before investing, the board always evaluates the opportunities diligently and takes valued input from key shareholders and our investor partners on the value potential of the investment opportunities. ....

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Cannabis Movers & Shakers: Cresco, Fyllo, Generation Hemp, Treez, Medterra

Cannabis Industry Pioneer David Ellis Leaves Cresco To Pursue Other Opportunities In Cannabis
Cresco Labs Inc. (CSE:CL) (OTCQX:CRLBF) revealed Tuesday it is parting ways with David Ellis after nearly six years.
Ellis oversaw the company’s operations for the last four years. He joined Cresco in 2015 only to grow its cultivation footprint to 215,000 square feet across three facilities in Illinois.
Ellis, one of the first employees of the Chicago-based company, said he would “miss the Cresco family.”
However, he is looking forward to pursuing other opportunities within the cannabis industry.
“I leave with a great sense of pride having worked with such a talented, dedicated, and pioneering team of professionals,” Ellis added. ....

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Canopy Growth Corp (CGC) - MGO's 'Cannabis 50' Highlights The Best In The Cannabis World, Including Benzinga

All of the Lights (Celebrities and Athletes)
Scott Hammon, National Cannabis Practice Leader at MGO, told Benzinga, “Putting the Cannabis 50 together for 2020 was an interesting endeavor. In a year of great adversity and a challenging economic environment there were so many highlights and positive advancements. A theme we heard from almost all of the honorees was cannabis being deemed essential during the pandemic and the huge public sentiment supporting the legalization of cannabis we saw during the Election.
“The MGO Cannabis Practice works with over 400 clients in the space so we are working side by side with our clients as the industry progresses and are experiencing first-hand the challenges and opportunities” ....

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Shango Joins MGO's Elite 'Cannabis 50'

Shango Joins MGO’s Elite ‘Cannabis 50’
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Shango Has Been Named to the Cannabis 50 List
Shango CEO Brandon Rexroad said, “This is a great honor from a prestigious organization. We are thrilled to be cited as one of the best cannabis companies in the country.”
PORTLAND, Ore. (PRWEB)
February 10, 2021
Multistate cannabis company Shango has been named to the “Cannabis 50” List published by MGO (Macias Gini & O Connell LLP), one of the fastest-growing professional services firms in the U.S.
MGO’s 2nd annual Cannabis 50 list highlights companies, organizations and individuals that had a positive impact on the U.S. cannabis and hemp industries in 2020. MGO is a leader in accounting, tax, audit and advisory solutions for the cannabis and hemp industries. ....

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