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874 results found for "LABAT"

  • Labat Lowers Cannabis Exposure, Raises IT Profile with R25 million Deal to Acquire Software Importer Ahnamu

    Labat Africa has spent over R40 million buying into two IT companies in the last few months, signalling Labat Africa has spent over R40 million buying into two IT companies in the last few months, signalling In a SENS announcement on 4 March 2025, Labat announced that it paid R25 million in shares and cash for party to Labat, and that the purchase would be funded by the issue of 200 million shares at an issue Labat with valuable USD forex revenue; Labat and more so its recent software distributor Classic international

  • Labat To Acquire IT Company for R16,75 million in a Paper Deal That Will Underwrite Group Liabilities

    JSE-listed Labat Africa is to acquire a 75,55% stake in IT company Classic International Trading in a The purchase is contingent on Labat producing its outstanding financials, and if the JSE lifts the suspension JSE-listed Labat Africa is to acquire a 75,55% stake in IT company Classic International Trading in a JSE by 30 November 2024 – and for the JSE to lift its suspension of trading in Labat shares. Labat says “The acquisition represents a significant step for Labat Technology, which has been actively

  • Labat Expects “Third Party Financial Assistance” as It Reports Diminishing Losses for F2024

    Labat Africa will post a 3,7 cents headline loss per share for the year ending May 2024 which is not Labat Africa will post a 3,7 cents headline loss per share for the year ending May 2024 which is not of a third party who may provide financial assistance. 4 December 2024 at 15:00:00 Cannabiz Africa Labat On 2 December 2024, Labat’s board issued a trading statement on the JSE’s SENS advising shareholders Labat said the latest figures had not been reviewed or reported yet by its external auditors.

  • Labat Set to Buy Jordyn Murcia’s Green Smoke Room

    Murcia confirms due diligence underway as JSE-listed Labat increases its interest in cannabis genetics Murcia confirms due diligence underway as JSE-listed Labat increases its interest in cannabis genetics . 12 August 2022 at 07:00:00 Brett Hilton-Barber Labat Africa is currently doing a due diligence on Jordyn was confirmed to Cannabiz Africa on 11 August 2022 by Murcia after this was initially disclosed by Labat ” and that Labat will assist in this regard.

  • Labat Appoints Advisory Board to Guide Its European Expansion Strategy

    JSE-listed Labat Africa already has a potentially strong foothold in Europe through its dual listing There’s been keen interest from European buyers for South African medical cannabis, and Labat, knowing JSE-listed Labat Africa already has a potentially strong foothold in Europe through its dual listing There’s been keen interest from European buyers for South African medical cannabis, and Labat, knowing the board of Labat Healthcare. # PREVIOUS NEXT What Sets Us Apart ?

  • Labat Seeks to Raise R74 Million From Current Shareholders Through New Rights Offer

    JSE-listed Labat Africa is seeking to raise additional capital by offering shareholders a chance to up JSE-listed Labat Africa is seeking to raise additional capital by offering shareholders a chance to up In an announcement on SENS, Labat said The Rights Offer will “strengthen the Company’s capital structure The balance of the proceeds from the Rights Offer will be used by Labat to settle expenses related to If fully subscribed, Labat will raise a maximum of R74 677 505 in terms of the Rights Offer.”

  • Labat Seals CSIR Agreement to Fast-Track Cannabis Projects

    Ingredient (API) product development 17 August 2022 at 08:00:00 Cannabiz Africa JSE-listed cannabis company Labat The CSIR has carried out extensive work in the areas of both industrial hemp and medical cannabis, Labat and wish to explore collaboration in the use of hemp for construction and packaging, among others,” Labat In the year to 28 February 2022 Labat’s earnings before interest, tax, depreciation and amortisation Click here, to advertise your brand, product and or service Labat Seals CSIR Agreement to Fast-Track

  • Sweetwaters the Core of Labat’s New Strategy as Group Unveils Plans to Set Up Commercial Seedbank, Expand Retail and Invest in Rolling Papers and Beverages

    Labat to focus on finding the right ‘business combinations’ Labat to focus on finding the right ‘business Labat’s cannabis subisidaries fall into its healthcare division. They are: Labat Pharmaceuticals, Sweetwater Aquaponics, Ace Genetics, Labat Hemp Processing, Cannafrica The product is superior, and of a quality that Labat want to be associated with. Read all Cannabiz Africa coverage of Labat here PREVIOUS NEXT What Sets Us Apart ?

  • Labat Fires New Auditors Due to ‘Steady Breakdown’ in Relationship

    Labat says that it has terminated the services of Nolands Cape Town with immediate effect, blaming the Labat says that it has terminated the services of Nolands Cape Town with immediate effect, blaming the late annual financials that got it suspended from the JSE. 17 January 2024 at 10:00:00 Cannabiz Africa Labat Nolands was appointed by Labat’s audit and risk committee in May last year. The idea behind the Nolands’ appointment was that Labat would have a single audit firm for the entire

  • Labat’s Finance Director Resigns In Board Reshuffle

    Labat Africa, South Africa’s most mainstream cannabis company has been facing headwinds with changes Labat Africa, South Africa’s most mainstream cannabis company has been facing headwinds with changes David O’Neil will replace him for the meanwhile. 20 March 2024 at 14:00:00 Cannabiz Africa JSE listed Labat absence of a clear regulatory framework for the commercialization of cannabis and related products, Labat READ: All Cannabiz Africa articles relating to Labat Africa This is the SENS statement released by Labat

  • Labat Buys Maasdorp’s Stake in CannAfrica and Plans Extensive Store Roll-Out in Next 12 Months

    Labat Africa is developing CannAfrica as a mixture of a corporate and franchise model, has bought out Labat Africa is developing CannAfrica as a mixture of a corporate and franchise model, has bought out the sale was to align Maasdorp’s interests with the greater Labat healthcare vision. Labat will now own 100% of CannAfrica. Labat says the rollout of Labat Healthcare retail stores is “progressing well” through both company-owned

  • Labat Brings in California Expertise to Build New Distillate Extraction Facility in E Cape

    A new cannabis processing facility is to be established at Labat’s Sweetwater Aquaponics cannabis farm A new cannabis processing facility is to be established at Labat’s Sweetwater Aquaponics cannabis farm The 50/50 joint venture will be between the group’s wholly-owned subsidiary, Labat Healthcare Propriety Labat says it hopes to start construction in November 2022. Since the dual listing of Labat in Frankfurt in December 2021, Labat has been regularly approached by

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