News & 8K 04:54 AM EDT, 03/19/2019 (MT Newswires)
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Posted On: 03/19/2019 9:17:59 AM
News & 8K
04:54 AM EDT, 03/19/2019 (MT Newswires) -- Shares of Shineco (TYHT), a Chinese producer and distributor of plant-based products, climbed by nearly 92% in pre-market trading Tuesday after the company announced the establishment of its new Beijing Tenjove Newhemp Biotechnology unit to tap into the industrial cannabis market.
Shineco said it plans to implement a strategic development plan to venture into the industrial cannabis market including planting, processing, derivatives development and the comprehensive utilization of industrial hemp. The move, according to the company, is expected to boost its shareholder returns.
Price: 1.2900, Change: +0.62, Percent Change: +91.88
http://www.mtnewswires.com Copyright © 2019 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Report of unscheduled material events or corporate changes - Form 8-K
For further details see: Report of unscheduled material events or corporate changes - Form 8-K
News Provided by SEC Filings via QuoteMedia
04:54 AM EDT, 03/19/2019 (MT Newswires) -- Shares of Shineco (TYHT), a Chinese producer and distributor of plant-based products, climbed by nearly 92% in pre-market trading Tuesday after the company announced the establishment of its new Beijing Tenjove Newhemp Biotechnology unit to tap into the industrial cannabis market.
Shineco said it plans to implement a strategic development plan to venture into the industrial cannabis market including planting, processing, derivatives development and the comprehensive utilization of industrial hemp. The move, according to the company, is expected to boost its shareholder returns.
Price: 1.2900, Change: +0.62, Percent Change: +91.88
http://www.mtnewswires.com Copyright © 2019 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Report of unscheduled material events or corporate changes - Form 8-K
For further details see: Report of unscheduled material events or corporate changes - Form 8-K
News Provided by SEC Filings via QuoteMedia
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I (Znewcar1) do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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