SA Landraces with Cannabis Plants. and species-min.png
SA Cannabis User’s Survey: Almost 37% Say They Have Consumed at Work

SA Cannabis User’s Survey: Almost 37% Say They Have Consumed at Work

Amsterdam Cannabis Expo Due This Weekend Exposed as the Latest Scam in the Industry!

Amsterdam Cannabis Expo Due This Weekend Exposed as the Latest Scam in the Industry!

Asia on the “Cusp of a Cannabis Revolution”

Asia on the “Cusp of a Cannabis Revolution”

Cannabiz Africa

22/09/26, 08:00

JSE says listing may be suspended if Labat does not produce a provisional financial report by Friday, 30 September 2022.

JSE-listed cannabis company Labat has been warned by the JSE to produce a provisional financial report by the end of this week – or it may be suspended.


The JSE put out a SENS statement on 15 September 2022 alerting shareholders that Labat had “failed to submit its provisional report within the three month period stipulated in the JSE’s listing requirements” and gave it two weeks to correct the situation.


“Accordingly, the company’s listing on the JSE trading system has been annotated with a "RE" to indicate that the company has failed to submit its provisional report timeously and that the listing of the company’s securities is under threat of suspension and possible removal.


This is the third time in the last two years that Labat has missed its financial deadlines. The group posted an operating loss of R24,9 million in unaudited results for the six months ending in February 2022.

SOUTH AFRICAN

CANNABIS INDUSTRY

BREAKING NEWS

Brought to you by:

JSE Warns Labat Once Again Over Late Financials

JSE Warns Labat Once Again Over Late Financials

All South African News Are Sponsored by: 

CHEEBA AFRICA

CHEEBA AFRICA

Hydrobiz

Hydrobiz

Support Locals

Support Locals

Networking for your business

Networking for your business

Meet like minded people

Meet like minded people

Advertise with us today

Advertise with us today

Connecting People

Connecting People

Opportunity for all

Opportunity for all

Supporting Business Growth

Supporting Business Growth