London-listed cannabis group Kanabo to raise cash and install new chair

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London-listed cannabis group Kanabo to raise cash and install new chair
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Kanabo Group, which went public in 2021, will announce the appointment of City veteran Ian Mattioli alongside a cash call to raise £3m, Sky News understands

The first cannabis company to stage an IPO on the London Stock Exchange will this week install a City veteran as its chairman and unveil a multimillion pound fundraising.

Sky News has learnt that Kanabo Group, which produces medicinal cannabis products and operates an NHS-approved telehealth service, will announce on Tuesday that Ian Mattioli will become its new non-executive chairman.

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