The Company views the development as an additional milestone building on its key strategic achievement in 2023 already including its historic DEA registration and confirmation of its EB-5 program.
The Company looks now to produce its first harvest of Botanical Raw Material and Active Pharmaceutical Ingredients from its state of the Art Greenhouse in
The annual Russell indexes reconstitution captures the 4,000 largest US stocks as of
“We believe that inclusion in the widely referenced Russell
“The Bright Green business aims to elevate the use of cannabis, through the application of scientific rigor, to harness its therapeutic value. Driven by a renowned team of scientists, we have an extensive IP portfolio which will allow us to develop medicines which have an impact on people’s health around the world and we are excited to begin our pre-clinical program. We are fully committed to the science, development and worldwide marketing of FDA non-synthetic medicines and, as a biopharmaceutical company, our focus is on delivering safe, effective medicines which harness the benefits of cannabinoids and which meet all the regulatory standards required for each stage of that development including a state of the art greenhouse utilising the most up to date growing methods, GMP and GACP compliant manufacturing facilities and a robust and effective Quality Management System which underpins all of our actions. We are delighted to be included in the Russell Indexes as recognition of those efforts to date, the value we have created, and to the continued appeal to investors moving forward. Given all the current activity in the Company we have added a frequently asked questions document to our website which provides a comprehensive overview of all the recent developments in the Company and the impact of each.”
Russell Indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell’s US Indexes. Russell Indexes are part of FTSE Russell, a leading global index provider.
For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
About Bright Green
Bright Green is one of the very few companies selected by the
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Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management as of such date. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in the Company’s Registration Statement on Form S-1 filed with the
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