FastForward Innovations sees progress across its portfolio

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  • FastForward Innovations makes EUR3mln investment in German medical cannabis business
  • FastForward Innovations’ ups stake in Little Green Pharma after being ‘really impressed’ by firm
FastForward Innovations Limited - FastForward Innovations targets significant upside with portfolio of early stage tech firms

Quick facts: FastForward Innovations Limited

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FastForward Innovations Limited believes that attractive investment returns can be generated from investing in emerging technologies that will shape the future.

The company invests in what it says are “visionary entrepreneurs developing innovative technologies that solve problems in their industries” and is “dedicated to the success of each of our portfolio companies and believe that their products and/or services will be transformative”.

The firm is principally focused on early stage investments and aims to bring investment opportunities often reserved for the private market of venture capital firms to the public market.

05 Jul 2021

FastForward Innovations Ltd (), a backer of emerging industries, has paid EUR3mln to take an 8.85% stake in Eurox Group, a German medical cannabis business.

The investment will provide FastForward with exposure to Europe’s largest medical cannabis market, and to a firm growing beyond those borders into Portugal and UK.

Alfredo Pascual, vice-president of investment analysis, will join the Eurox supervisory board.

Ed McDermott, chief executive of FastForward, said: “This investment is the result of many months of work, and is fully aligned with our comprehensive investment strategy in the European wellness and medical cannabis space, that includes having both liquid and non-liquid assets in our portfolio.

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28 Jun 2021

() has invested a further A$2.8mln (GBP1.5mln) in its portfolio company Little Green Pharma (LGP) and sold some of its shares in Nasdaq-listed for a net gain of US$551,000.

The investment in ASX-listed LGP is part of a A$27.2mln placing at A$0.60 per share by the medicinal cannabis business to part-fund the acquisition of a fully-operational cultivation asset in Denmark, which was announced last week.

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22 Jun 2021

FastForward Innovations Ltd () highlighted the acquisition by investee company () of a fully operational Danish cannabis cultivation operation.

Aussie-listed LGP, where FastForward owns a 2% stake, has snapped up the growing and processing facility owned by Canada’s Canopy Growth for C$20mln.

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11 Jun 2021

‘s () Ed McDermott and Alfredo Pascual join Proactive London’s Katie Pilbeam to explain why they purchased a further 1.17mln shares in its portfolio firm (LGP). This was done through the Australian Stock Exchange at an average price of A$0.655 each which means it now holds shares equivalent to around 2% of LGP’s share capital.

McDermott says ‘they are doing exactly want we want them to do, hence we felt it was a good time to start buying, markets are a little softer at the moment so we took advantage of that’. Pascual adds, ‘we identified a listed company that is very well run and is growing rapidly and is constantly achieving new milestones’.

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FastForward Innovations’ ups stake in Little Green Pharma after being…

FastForward Innovations Limited’s (LON:FFWD) Ed McDermott and Alfredo Pascual join Proactive London’s Katie Pilbeam to explain why they purchased a further 1.17mln shares in its portfolio firm Little Green Pharma Ltd (LGP). This was done through the Australian Stock Exchange at an average price…

3 weeks, 3 days ago

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