(“Ananda” or the “Company”)
The Directors of Ananda are pleased to provide the following update to shareholders.
New hapac® sachet making machine
In its negotiations with companies interested in acquiring the rights to the hapac® technology,
Therefore, in order to run more efficient trials with potential customers, LHT has developed a machine which is capable of lower volume, lower cost, sachet production, with an output of 250 hapac® sachets per hour. It is a tabletop system and works in a similar way to the rolling machine used to mechanise the creation of pre-rolled cannabis products.
Second generation vaping device
LHT has developed a second-generation vaping device to make it easier and simpler to load the hapac® sachet. This second-generation vaping device has a simple semi-automatic filling mechanism which allows the hapac® sachet to be inserted simply and easily, an especially important feature for sufferers of peripheral neuropathic pain who have limited dexterity.
Please visit http://www.anandadevelopments.com/hapac-liberty-herbal-technologies/ for an image and video of the second generation vaping device in action.
Ananda is a 15% shareholder in LHT and
LHT advises that sales of hap devices and hapac® sachets recommenced in
LICENCE APPLICATION TO GROW >0.2% THC CANNABIS
Liaison with Home Office
Signing of agreements
The Directors are pleased to announce that Ananda has signed the formal agreements detailing the economic and management relationship between the Company, JE Piccaver & Co (
DJT Plants is a wholly owned subsidiary of
A loan of £30,000, bearing interest at a rate of 10% per annum, has been agreed between the Company and
The Directors of the Company accept responsibility for the contents of this announcement.
ANANDA DEVELOPMENTS PLC+44 (0)7717 573 235 Chief Executive Officer email@example.com Melissa SturgessInvestor Relations Jeremy Sturgess-SmithPETERHOUSE CAPITAL LIMTED +44 (0)20 7469 0930 Corporate Finance Mark Anwyl Allie FeuerleinCorporate Broking Lucy Williams Duncan VaseySTANFORD CAPITAL PARTNERS LIMITED +44 (0)20 3815 8880 Joint Corporate Broker John Howes Patrick ClaridgeCELICOURT COMMUNICATIONS +44 (0)20 7520 9266 Mark Antelme Ollie Mills
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a