The Chinese part-owner of Tasmanian Botanics has taken all-but full control of the company after completing the $31 million acquisition of shares owned by the cultivator’s original backers.
Yongji Health, the parent company of Phytoca and a subsidiary of Shanghai Stock Exchange-listed Guizhou Yongji Printing, has acquired the remaining 53% of Pijen, the holding company that owns 96.5% of Tasmanian Botanics.
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