Live IPO - Cronos Australia Ltd.

/
cronos.jpg

Cronos Australia Ltd (ASX:CAU) is a medicinal cannabis company that plans to enter the medicinal cannabis market in Australia with both THC and CBD cannabis products. Cronos Australia has secured all the necessary Australian licences to operate – including import and export licences. In addition to distributing the in-market brand PEACE NATURALS™, which is sold in Canada and Germany, Cronos Australia intends to also engage in product and brand development, outsourced manufacturing and distribution for Australia and target export markets in Asia (subject to legislative reform in those markets and Cronos Australia obtaining any required approvals and licences)

  • Offer Open: October 16

  • Pay By: OCtober 25

  • List Price: $0.50

  • Minimum Investment: $2,000

  • Raising: $20M

  • Market Cap: 64.4M AUD

  • Lead Manager: Bell Potter

  • Prospectus

Closed.