Seed Innovations Limited GBP (GB:SEED) has released an update.
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SEED Innovations Limited reports a robust quarterly performance from its portfolio company, Little Green Pharma Ltd, with a 12% increase in revenue and a 19% rise in cash receipts year-over-year. The growth is attributed to strong sales, particularly in CherryCo branded products and new ventures like significant oil and vaporiser sales increase, and plans for future product expansion. Meanwhile, SEED faced a setback with the administration of OTO International Limited, resulting in a written-down investment.
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