Mountfield (GB:HELD) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Hellenic Dynamics PLC, a medical cannabis cultivator, has completed Phase 1 of its large-scale facility and is pursuing additional funding of £1.25 million to finalize its post-harvest area for commercial cultivation. With the prospect of producing 450kg of medical cannabis annually, the company is also negotiating a partnership for an EU-GMP certified post-harvest facility that could accelerate production start by up to four months. Furthermore, Hellenic Dynamics is poised to capitalize on recent legislative changes in Greece that allow medical cannabis prescription, aligning with their domestic-focused white label distribution strategy.
For further insights into GB:HELD stock, check out TipRanks’ Stock Analysis page.