The stock soared 310% to 20.50 pence at 8:15 a.m. in London from its IPO price of 5 pence. Cellular Goods’ products will be available in September, according to its website. Cellular Goods aims to demystify the market for consumers, Chief Executive Officer Alexis Abraham said in an interview. “The cannabinoid market at the moment is akin to the early days of the Internet,” he said. It has supported other recent IPOs including Guild Esports Plc, which in October became the first esports franchise to join the LSE.

Source: News 24 February 26, 2021 10:18 UTC