Share Name Share Symbol Market Type Share ISIN Share Description
Block Commodities Ltd NEX:BLCC NEX Ordinary Share GG00B4QYTJ50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.007 0.006 0.008 0.007 0.007 0.007 0.00 07:54:30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - -

Block Commodities Ltd: Appointment of Chief Medical Officer to Scientific Advisory Board (SAB)

03/06/2019 11:42am

UK Regulatory (RNS & others)

 Block Commodities Ltd (BLCC) 
Block Commodities Ltd: Appointment of Chief Medical Officer to Scientific 
Advisory Board (SAB) 
03-Jun-2019 / 11:40 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
          The information communicated within this announcement is deemed to 
          constitute inside information as stipulated under the Market Abuse 
   Regulations (EU) No. 596/2014. Upon the publication of this announcement, 
       this inside information is now considered to be in the public domain. 
      Block Commodities Limited 
      ("Block Commodities" or the "Company") 
      Block Commodities Limited / Epic: BLCC / Sector: Mining 
     Appointment of Chief Medical Officer to Scientific Advisory Board (SAB) 
  Block Commodities, the innovative commodity trader operating in Africa, is 
pleased to announce the appointment of Dr. Frank D'Ambrosio as Chief Medical 
     Officer to the Company's Scientific Advisory Board (SAB) to oversee the 
            Company's operations within the medicinal cannabis market. 
  Dr. D'Ambrosio is one of the world's leading campaigners for policy reform 
on the use of medical cannabis. A surgeon with over 30 years' experience, he 
   has studied the effects of cannabis-based medicine for different purposes 
   such as chronic pain and post-traumatic stress disorder. For the last six 
  years, he has dedicated his medical practice to helping patients in the US 
  incorporate medical cannabis into the everyday care. Moreover, he hopes to 
  educate individuals and authorities on the benefits of medicinal cannabis, 
            through his insights as a doctor, advocate and entrepreneur. 
          In November of last year, Dr. D'Ambrosio spoke at the World Health 
   Organisation's ("WHO") 41st Expert Committee on Drug Dependence about the 
    benefits of medical cannabis. A few days later he addressed British MPs, 
     pressing for reform to the current UK regulations relating to medicinal 
            Dr. Frank D'Ambrosio commented: 
      "I am very glad to join Block Commodities as they are one of the first 
            companies to enter the European medicinal cannabis market. 
     "We are leaving behind myths and misconceptions, which largely benefits 
  patients who could only rely on big pharma to treat their conditions. This 
  represents an opportunity not only for investors, but also to build a more 
      comprehensive range of healthcare options in order to help patients to 
            achieve a better quality of life." 
          Chris Cleverly, Executive Chairman of Block Commodities commented: 
        "Dr. D'Ambrosio's extensive experience and specialisation will prove 
 invaluable to our Company as we develop a full strategy to deploy medicinal 
            cannabis as a therapy." 
            About Block Commodities 
 Block Commodities is a commodity-focused trading company aiming to maximise 
           value in African agriculture through the deployment of blockchain 
  technologies. The Company works closely with African farmers to help raise 
   agricultural productivity and to secure better returns for their produce. 
New technologies such as blockchain enhance transparency, accountability and 
            efficiency in a market with enormous potential. 
 The Company has implemented Farmer 3.0, a blockchain-powered ecosystem that 
     connects all market participants to facilitate commercial transactions. 
      Building on well-established connections and technology expertise, the 
 Company has expanded its operations into the medicinal cannabis market with 
   a strategy to produce and process cannabis-based products via licences in 
            Africa, to supply the growing demand in Europe. 
            For more information, visit: [1] 
  The Directors of the Company accept responsibility for the content of this 
For further information, please contact: 
          Block Commodities Limited 
                     Chris Cleverly 
    NEX Exchange Corporate Adviser: 
 Alexander David Securities Limited 
    David Scott - Corporate Finance         +44 (0) 20 7448 9820 
 James Dewhurst - Corporate Broking         +44 (0) 20 7448 9820 
     Public and Investor Relations: 
     Cassiopeia Services - Stefania 
ISIN:          GG00B4QYTJ50 
Category Code: BOA 
TIDM:          BLCC 
LEI Code:      2138001KNTXRAZTFKU51 
Sequence No.:  8933 
EQS News ID:   818441 
End of Announcement EQS News Service 

(END) Dow Jones Newswires

June 03, 2019 06:42 ET (10:42 GMT)

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