Kanabo (KNB.L) Is On The Way To Producing And Shipping New Products

After a lengthy period of stability with no changes, the Kanabo Group’s stock price increased from 4.650GBP to 31GBP. This increase by 26.35GBP is excellent news for the company and its stockholders. Even if the price is no longer as high as 31GBP, it is still much better than it was. On the 20th of July, it opens at 15GBP which is lower by 0.20GBP from the previous close. The day’s range is 15.00GBP – 15.32GBP. The average volume is 711k GBP. The EPS is -0.40.

Kanabo (KNB.L), the first cannabis company to list on the London Stock Exchange, is set to ship the UK’s first medical cannabis product, vape cartridges, as the country edges closer to becoming Europe’s medical marijuana centre.

The initial formulation will be accessible for patients who use cannabis for pain relief, and CEO Avihu Tamir told Yahoo Finance UK that it’s a fantastic option for people attempting to wean themselves off opiates, which have a poor reputation for being addictive.

Lora Nilsson

Finance and Business reporter After graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter

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