Medicinal cannabis company Creso Pharma has announced it will expand into Sri Lanka, after it signed a binding letter of intent with Ceyoka Health, one of Sri Lanka's largest pharmaceutical distribution companies.
Medicinal cannabis company Creso Pharma will raise $17.5 million through a strongly supported share placement, while also announcing a partnership with Swiss chocolate firm Aeschbach Chocolatier to develop marijuana flavoured chocolates.
The directors of medicinal cannabis companies Creso Pharma and AusCann Group Holdings have reaped windfall gains worth $13 million after the vesting of performance rights and performance shares.