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CBD oil and skincare maker has its eye on Australia

CBD oil and skincare maker has its eye on Australia

A British cannabis products maker known for selling its CBD oils on eBay, Amazon and in UK chemist Boots wants to make its products more accessible to Australians and plans to list on the ASX. Dragonfly Biosciences is hoping to hit the local sharemarket at the start of August and has launched an initial public

A British cannabis products maker known for selling its CBD oils on eBay, Amazon and in UK chemist Boots wants to make its products more accessible to Australians and plans to list on the ASX.

Dragonfly Biosciences is hoping to hit the local sharemarket at the start of August and has launched an initial public offer to raise up to $5 million through the sale of shares at 20¢ each.

The business co-founded by Radost Draganova, Chris Wronski and Mark Grenside first tried to list on the ASX at the end of 2021, when it was seeking to raise $10 million, but ended up pulling the float in the face of market volatility.

Read more at Sydney Morning Herald

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