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MMJ PhytoTech Ltd (ASX:MMJ) Quarterly Update Report

Submitted by Marijuana News on Mon, 11/02/2015 - 12:39

Perth, Nov 2, 2015 AEST (ABN Newswire) - MMJ PhytoTech Limited (ASX:MMJ) ("MMJ" or the "Company") today announces its activities report for the quarter ended 30 September 2015. 

Highlights:

- PhytoTech Medical and MMJ Bioscience merger successfully closed in late July, strategically positioning the Company as a vertically-integrated, Medical Cannabis ("MC") company with operations across the entire MC value chain and in key MC markets

- Trading in the combined MMJ PhytoTech Limited ("MMJ" or the "Company") on the ASX commenced 28 July 2015 after completion of oversubscribed $4.8m equity offering

- New Board members and management welcomed, Scientific Advisory Board dissolved

- Minor post-merger integration of business units completed smoothly with operations streamlined in to three business units spanning "Farm to Pharma": Cultivation, Pharmaceutical Processing and Clinical Development

- Cultivation: Duncan Facility completed and awaiting inspection by Health Canada after final security...

READ MORE: 
http://www.abnnewswire.net/press/en/81399/MMJ_PhytoTech_Ltd_(ASX:MMJ)_Quarterly_…
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