Portfolio Update
Portfolio Update
Perth, May 10, 2018 AEST (ABN Newswire) - MMJ PhytoTech Ltd (ASX:MMJ) provides the Company's latest presentation.

Focus for 2018

Recycle capital into new investments

- Recycle capital

o AUD$1.8m unaudited corporate cash position

o Portfolio liquidity events will recycle capital for new investments

- Invest $1m to $5m per new opportunity

o Focusing on Canada, Australia and the United States

o Seeking minority investments

o Targeting emerging cannabis sector leaders across the value chain

- Drive shareholder returns by delivering on the investment objective

To view the full presentation, please visit:
http://abnnewswire.net/lnk/727EM3H0


About MMJ PhytoTech Ltd

Phytotech Medical ASX:PYL

In October 2017, MMJ PhytoTech Limited (ASX:MMJ) announced its strategy to become an incubator for strategic investments across regulated jurisdictions globally covering the entire cannabis value chain.

Following the successful listing of United Greeneries Holdings Ltd ("United Greeneries") and Satipharm AG ("Satipharm") on the TSX-V through Harvest One Cannabis Inc. (CVE:HVT), MMJ has focused on the identification of a number of independent strategic investment opportunities that have the potential to deliver significant value to the Company's shareholders.

MMJ is actively pursuing early stage opportunities with the ability to deliver significant future revenue and the opportunity to provide dramatic global synergistic value as regulatory frameworks in key international markets continue to evolve. MMJ is targeting the full range of emerging cannabis-related sectors including healthcare products, technology, infrastructure, logistics, processing, cultivation, equipment, R&D, hemp food products and retail.

MMJ currently holds an equity stake of 53,333,333 shares in Harvest One, 100% ownership of Israeli-based R&D division PhytoTech Therapeutics Limited ("PTL") and strategic holdings in e-Sense Lab Limited (ASX:ESE) and private Canadian-based company WeedMe Inc.

      


Contact

MMJ PhytoTech Ltd
T: +61-8-9389-3150
E: info@mmjphytotech.com.au
WWW: www.mmjphytotech.com.au



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