Aug 16 (Reuters) - PHYTOCANN GROUP:
* ANNOUNCES ITS ACQUISITION OF A STAKE IN PHARMASIMPLE
* IT ACQUIRES A 5% STAKE IN PHARMASIMPLE FOR SUM OF 5
MILLION
EUROS
* THIS STRATEGIC PARTNERSHIP WILL LEAD TO INTRODUCTION OF A
RANGE
OF PRODUCTS DEDICATED TO PHARMASIMPLE, INCLUDING CBD OILS AND
COSMETICS
* THAT THIS INCREASE IN CAPITAL LAYS FOUNDATIONS FOR A
MEDIUM-TERM
IPO
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