Ananda Developments PLC - London-based grower and provider of medical cannabis - To propose the settling of GBP2.2 million in debt owed to the company by Chair Charles Morgan at a general meeting on December 19.
A resolution will also be proposed by the firm to approve the acquisition from Anglia Salads of the remaining 50%of DJT Group which the company does not already own.
DJT Group owns 100% of the issued share capital of DJT Plants, which has been granted a licence to grow THC Cannabis for research purposes.
Current stock price: 0.465 pence
12-month change: down 13%
By Heather Rydings; heatherrydings@alliancenews.com
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