Letters: Today s students need to be educated on the revolutionary monsters of the left heraldscotland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldscotland.com Daily Mail and Mail on Sunday newspapers.
Elixinol Wellness and CannaCare Health terminate acquisition as changing German market dynamics threaten returns
Elixinol intended to acquire CannaCare but a review of the German cannabis market has seen both parties enter a Termination and Withdrawal Agreement. The company is pleased with the progress of its US and Australian operations.
Elixinol Wellness Ltd (ASX:EXL) (OTCQB:ELLXF) (FRA:E8M) and German-based CBD business CannaCare Health GmbH have mutually agreed to terminate a share purchase agreement following a changing German cannabis market that revealed financial concerns.
Elixinol will be reimbursed €360,000 by CannaCare to cover costs incurred to date; the acquisition was first announced in mid-March this year.
Peering into Avery s Past averyjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from averyjournal.com Daily Mail and Mail on Sunday newspapers.
Elixinol Wellness Ltd’s (ASX:EXL) (OTCQB:ELLXF) (FRA:E8M) core priorities are to reignite its US and UK businesses following the severe COVID-19 restrictions and integrate recently-acquired CannaCare into the Elixinol Group whilst fuelling the Canobo growth.
It is also targeting shifting its business to digital and optimise cost and margins as it transforms into a world-leading hemp-derived, natural health and wellness consumer products business.
The company, which has undergone a substantial evolution over the past 12 months, believes the management team’s strengthened strategic, commercial and governance capabilities positions it perfectly for the next phase in its development.
New chief executive at brewery Marston s and more appointments news
Chief financial officer steps up, Palletline appoints first female board member and more promotions at region s law firms
Sign up to FREE email alerts from
BusinessLive -
Subscribe
When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice.
Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice
Black Country brewery and pub company
Marston s has appointed a new chief executive.
The Wolverhampton-based listed group has promoted chief financial officer and corporate development officer Andrew Andrea who will take over the post in October.