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MMJ will use the funds raised to accelerate its entry into the Australian market, now that legislation has passed for the legalisation of cannabis for medical purposes in the country.

Medical marijuana firm raises funds

Medical marijuana company MMJ Phytotech has tapped investors for a $5 million capital raising to fund its entry into the Australian market.

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Share Price

Closing price for the last 90 trading days
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Top 10 Shareholders

Substantial shareholders as published in the annual report.
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Total Shareholder Return as at 31/03/20

1 year TSR5 year TSR
538thWestStar Industrial-45%-57%
647thThe Agency Group Australia-58%-32%
671stSeafarms Group-62%-11%
722ndMMJ Group Holdings-68%-25%
669 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
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Share Transactions

02/04/20
$3k Bought
02/04/20
$8k Bought
02/04/20
$5k Bought
Total value as at the date of the transaction
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Revenue

53rd↑MMJ Group Holdings$33.5m
54th↑The Agency Group Australia$31.3m
56th↑WestStar Industrial$28.6m
57th↓Seafarms Group$24.8m
198 listed industrial companies ranked by revenue.
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