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ASX Halts The Hydroponics Company - Pending News

July 7, 2017

 

The Australian Securities Exchange ("ASX") has just announced that shares of The Hydroponics Company (ASX:THC) have been halted at the request of the company due to pending news. 

 

The Hydroponics Company intends to make a major announcement regarding the Medicinal Cannabis Research License that was issued to the company's wholly owned subsidary, Canndeo. 

 

Shares of The Hydroponics Company are set to resume trading upon the release of the announcement but no later than the market open on Tuesday, July 11th. 

 

Be sure to subscribe to our Australian cannabis newsletter so you never miss an important update. Also, don't forget to connect with The Daily Marijuana Observer on Facebook, Twitter, and Instagram

 

Now Read: What does it mean when a stock is halted? 

 

D/M/O

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Investing in nanocap, microcap, and small cap stocks is highly speculative. The publishers of DailyMarijuanaObserver.com are not registered as Investment Advisors or Broker-Dealers in any jurisdiction whatsoever. The information contained on DailyMarijuanaObserver.com (“this site”) has been prepared solely for informational purposes. Nothing on the site is an offer or solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities mentioned from their financial advisor.

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Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.