BOT 11.5% 2.3¢ botanix pharmaceuticals ltd

Cannabis, China & the Coronavirus – Are Pot Stocks About to be...

  1. 341 Posts.
    lightbulb Created with Sketch. 114

    Cannabis, China & the Coronavirus – Are Pot Stocks About to be Infected?


    https://thegreenfund.com/cannabis-china-the-coronavirus-are-pot-stocks-about-to-be-infected

    No CBD cannot cure COVID-19 as it is a virus but it appears that it is effective against Superbugs


    This part is interesting as Botanix use synthetic CBD so will be uneffected

    Pot Stock Pandemic

    In response to growing fears surrounding the spread of COVID-19, at least 14 countries—including America, Australia, India and Hong Kong—have begun enacting increasingly aggressive measures to stem the tide of outbreaks.

    The most prominent of these crackdowns has been the introduction of quarantines, travel bans, import restrictions, and in some cases the forcible closure of businesses.

    However, this may end up having an unintended knock-on effect when it comes to the global cannabis industry, as a number of sectors rely heavily on the Chinese manufacturing and supply chain, due to its low labour costs and capacity to mass produce commercial products.

    For instance, cannabis cultivators could soon find themselves paying more for products such as lighting systems and heating, ventilation, and air conditioning (HVAC) technology.

 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.003(11.5%)
Mkt cap ! $22.37M
Open High Low Value Volume
2.6¢ 2.6¢ 2.3¢ $397.7K 16.15M

Buyers (Bids)

No. Vol. Price($)
4 2743512 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 355933 3
View Market Depth
Last trade - 16.10pm 27/03/2020 (20 minute delay) ?
(live)
Last
2.4¢
  Change
-0.003 ( 6.61 %)
Open High Low Volume
2.6¢ 2.6¢ 2.3¢ 10538696
Last updated 15.49pm 27/03/2020 (live) ?
BOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.