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MGC Pharmaceuticals Ltd

MGC Pharmaceuticals to reveal medical cannabis agreement

The halt will remain in place until Wednesday 3rd May 2017.

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MGC has some major news pending

MGC Pharmaceuticals (ASX:MXC) is some interesting news pending with the execution of a material strategic agreement with the Royal Melbourne Institute of Technology (RMIT).

The agreement relates to the company’s Australian based medical cannabis operations, licensing and strategy.

The ASX has granted a trading halt for MGC to prepare.

The halt will remain in place until the opening of trade on Wednesday 3rd May 2017, or earlier if an announcement is made to the market.

Quick facts: MGC Pharmaceuticals Ltd

Price: $0.04

Market: ASX
Market Cap: $53.3 m
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