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Investor Update: Highlands Natural Resources makes first CBD sales in UK

Headlines from the Proactive UK newsroom.

Highlands Natural Resources (LON:HNR) has made its first sales in the UK of CBD brand Zoetic. The first product lines are CBD tinctures in four flavours - natural, peppermint, melon and blood orange. 

Versarian (LON:VRS) CEO Neil Ricketts has clarified comments he made yesterday on twitter about a Chinese investor who he said was interested in up to 29.9% of the graphene company. This morning the firm said they had previously received a proposal for shares up to that amount but it was rejected.

Ad agency WPP has posted sharply lower underlying and pre-tax profits in the first six months of 2019. Chief executive Mark Read said the second quarter was better than expected and guidance for the full year is unchanged.

Rambler Metals (LON:RMM) has seen a sharp improvement in the amount of copper it is producing from the Ming mine in Newfoundland. Copper contained in ore jumped by 47% in the three months to June.

Uber shares plunged 13% in after-hours trading in the US as the taxi giant posted a massive second quarter loss and missed its revenue forecasts. Net losses rose more than four-fold to US$5.2bn as R&D spending soared.

Tesla is being sued over a claim that battery lives on its vehicles were deliberately shortened to avoid hefty replacement costs.  The lawsuit was filed in California and seeks class action status for the potentially “thousands” of Model S and X owners.

Quick facts: Zoetic International PLC

Price: 5.6 GBX

LSE:ZOE
Market: LSE
Market Cap: £8.35 m
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Zoetic International has laid platform for big uplift in CBD revenues...

Nick Tulloch, Zoetic International PLC’s (LON:ZOE) chief executive believes the groundwork has been laid for a big uptick in sales of its CBD products in 2020. “We’ve established the Chill and Zoetic brands,” he told Proactive and that has led to significantly increased traction with...

3 weeks, 5 days ago

2 min read