14th October 2021 By Staff Reporter | firstname.lastname@example.org | @foodtickernz
Hemp food ingredient supplier Greenfern Industries is listing on the NZX.
The Taranaki-based medicinal cannabis and hemp producer’s shares will trade on the exchange from 11am Thursday 21 October.
The company would have 84,300,384 shares on issue at 25c per share, implying a market capitalisation of just over $21m upon listing.
Greenfern said it had already secured more than $4.8m from two crowdfunding rounds and it raised an additional $2.16m from wholesale investors earlier this year.