Yet another cannabis company joins the London market
Cannabis continues to excite the London stock market with the latest David Beckham backed offering seeing its shares soar on its London listing, despite not yet having actually launched a product.
London gets even higher on cannabis stocksCellular Goods (LON:CBX), a UK-based provider of premium consumer products based on biosynthetic cannabinoids backed by David Beckham, became the 3rd cannabis related group to join the main market of the London Stock Exchange in the past few weeks. Our previous article here ‘London gets high on cannabis stocks’ covered London’s other two new cannabis arrivals and also introduces other bigger players in the booming market for cannabis stocks. The shares price of Cellular Goods soared over 350% from the issue price of 5p, lifting the market capitalisation of this early-stage loss-making business, which has yet…