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The Hydroponics Company attracts investment from international fund

THC's shares have soared 16% to $0.73 in early trade.
The Hydroponics Company attracts investment from international fund
The company is well funded

The Hydroponics Company Ltd (ASX:THC) has a new substantial shareholder, Uni-Innovation Consulting Australia Pty Ltd.

Uni-Innovation Group was established in 2013 and has locations in Canada, Australia, France, and China, providing incubation services, venture capital funds and consultation on Chinese market entry.

Uni-Innovation now holds circa 7.6 million shares or a 6.5% stake in THC.

THC recently raised $8 million in a placement which resulted in seven new institutional investors joining the company’s register.

READ: The Hydroponics Company raises $8 million to fast-track medicinal cannabis

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Hydroponics Company Ltd Timeline

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