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Thursday 21 October 2021

Greenfern to list on NZX with market cap of $21m

14th October 2021 By Staff Reporter | news@foodticker.co.nz | @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.

 

 


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