Ananda Developments Plc Reports loss of £435,859 for H1FY20

  • Oct 26, 2019 BST
  • Team Kalkine
  • Ananda Developments Plc (ANA) has released its interim results for the six months ended 31 July 2019.
  • Given the continued indecision on legislative and regulatory environment front for medicinal cannabis and CBD in the UK, the company continued proceeding with caution.
  • The company’s loss for six-month period to 31 July 2019 of £435,859 as compared to £199,525 for the period ended 31 July 2018.
  • The company reported that ICAN Israel Cannabis Limited continued expanding its footprint with its CannaTech conferences and raised a further CAD$4,000,000 from a group of Canadian investors.

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