CBD Market
CiiTECH Bought Out Of Administration By Fellow UK Company For £210,00
PROMINENT CBD company CiiTECH has been sold to fellow UK-based cannabis company Tenacious Labs for £210,000.
PROMINENT CBD company CiiTECH has been sold to fellow UK-based cannabis company Tenacious Labs for £210,000.
SUGGESTIONS that CBD is a fad – a boom-to-bust market – with the latter imminent, raised a few eyebrows at Cannabis Europa.
CANNABIS company CiiTECH has completed a £2.1m capital raise via an issue of convertible loan notes ahead of its debut on the London Stock Exchange through a reverse takeover (RTO).
LEADING CBD brand CiiTECH is branching out into THC products as founder Clifton Flack warms to the emerging European medical cannabis market.
AN attempt by Europe’s largest cannabis trade group to open up one of the CBD’s fastest-growing niches to its members has left it with its tail between its legs.