Standard reversal: Hellenic Dynamics cultivates licence

Medicinal cannabis cultivation company Hellenic Dynamics reversed into former AIM-quoted shell UK Spac. The company still has to obtain an operations licence in Greece so that it can sell the cannabis flowers and extract that it will produce.

The share price has fallen to 0.225p (0.2p/0.23p), although that represents an improvement from a low of 0.16p. There have been plenty of trades in the first three days and the largest are worth less than £25,000 each. The third day had the most trading with a volume of more than 216 million shares. The decline in the share price appears to have spark...

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