Medical Kiwi opts for direct NZX listing

Thu, 04 Mar 2021

Medicinal cannabis and nutraceutical startup Medical Kiwi says it will seek a direct listing on the NZX later this month, to help create a more efficient market in its shares.Chair Aldo Miccio said the main board listing will help raise public awareness of the company and "its strong strategy for helping develop New Zealand's medicinal cannabis industry" and to properly assign value to a business with substantial growth potential.Miccio, a one-term mayor of Nelson from 2010, said the firm will not be raising capital, though new ca...

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