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MMJ Group Holdings to broaden investment mandate and change name to Hygrovest Ltd

MMJ Group Holdings to broaden investment mandate and change name to Hygrovest Ltd

MMJ Group Holdings Ltd (ASX:MMJ, OTC:MMJJF) CEO Michael Curtis tells Proactive the group will focus on broadening MMJ’s investment mandate to include other sectors, and change MMJ's name to Hygrovest Limited.

Curtis says MMJ's current restriction that limits MMJ’s investments in non-cannabis assets to 25% of its total assets would be removed. Shareholders will vote on the changes at the company's 2021 AGM on December 17th.