Hydrogen Utopia International (HUI) has agreed to buy a 49% stake in a medicinal cannabis producer with plans to establish a waste plastic-to-hydrogen plant next door to its North Macedonian facility.
HUI has said that it will advance a £500,000 ($634,000) loan to Carbon Capture and Sequestration (CCS) Ltd and enter into an Option Agreement to acquire a 49% stake in CCS in return for the issue of 49 million new HUI shares.
London-headquartered CCS Ltd operates a cannabis facility through a subsidiary in North Macedonia.
... to continue reading you must be subscribed
