Entered into the Frankfurt Stock Exchange Trading Platform: Creso Pharma Limited’s (ASX: CPH) stock climbed up 1.562 per cent on July 18, 2018 after the announcement of its listing on the Frankfurt Stock Exchange following the successful, revenue-generating dual product launch of cannaQIX and anibidiol and initial sales orders in Europe’s Benelux region wherein the group reported first revenues of CHF 230,000 (A$311,940) from cannaQIX along with sales of Creso’s animal health product, anibidiol. According to the announcement, the European investors can trade the Company’s ordinary shares under the stock code of “1X8” on the Frankfurt Stock Exchange. Besides this, the group has hired Deutsche Gesellschaft für Wertpapieranalyse GmbH (DGWA) as a German Corporate Advisor to take care of its European investor relations strategy; interact with the German speaking media Environment and assist the retail and institutional investors, and the strategy related to the Frankfurt Stock Exchange listing. Following the appointment of DGWA, the group expects an increase in the stock's liquidity levels and raise the Company’s profile and promote Creso’s operational activities in the European region. In the June month, the group has also appointed Mr. John Griese as a Chief Operating Officer (COO) for the America region to help establish and expand its footprint in the North America region. Meanwhile, CPH stock climbed up 2.40 per cent in the past one week as on July 17, 2018 and recorded market capitalization of $70.80 Mn.[pluginops_form template_id='23834' ]
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