BDA 1.06% 46.5¢ bod australia limited

Ann: Bod completes first order of medicinal cannabis oil, page-2

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  1. 225 Posts.
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    Bod completes first order of medicinal cannabis oil

    • Bod receives final approval for first import of medicinal cannabis oil

    •ODC permission granted for import of Linnea’s proprietary ECs315, 5% CBD in MCT oil – expected in country shortly

    • Oil being sourced from major Swiss counterparty, Linnea SA (owned by Schwabe Group and Ispen market capitalisation €10B) • Oil to be made available to patients under TGA’s Special Access Scheme Category B

    • Product to also be utilised as a treatment arm in upcoming Phase I Clinical trial – set to commence near term

    • Phytocomplex extract provides Bod with numerous revenue, R&D and potential export opportunities

    • Oil to be a line extension of Company’s proprietary, patent protected sublingual wafer - expanding Bod’s market opportunity in the global medicinal cannabis sector

    Another good update, well done management!
 
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