Cannabis company Medical Kiwi declined NZX listing
9 Apr, 2021 01:00 AM
6 minutes to read
Medical Kiwi has been denied a listing on the NZX. Photo / 123RF
Cannabis company Medical Kiwi - the subject of ongoing inquiries by the financial markets regulator - has been denied a listing on the NZX. NZ RegCo chief executive, Joost van Amelsfort, responsible for NZX regulation, confirmed the stock exchange has declined Medical Kiwi s application and determined the company is not suitable for a direct listing at this time.
A Financial Markets Authority (FMA) spokesman said its investigations into the company are ongoing.
Medical Kiwi s chairman and executive director, Aldo Miccio, rejected the characterisation that his firm s application has been declined.
MILLIONS have been generated for the West End community by the construction of a new building at Glasgow University, figures show. Research carried out on behalf of the higher education institution has found that for every £1 spent by the university on its new James McCune Smith Learning Hub, £1.87 has been put back into the community. This means that more than £45m has been put into the economy and the employment opportunities created are worth more than £11m. Prof. Frank Coton, Vice Principal Academic Planning & Technological Innovation at Glasgow University, said: “When we conceived the project, we envisaged a building that not only served the university community, but also added to the social fabric of our local community and the city.