Global  Video

“The world's speediest news portal”
One News Page
> >

Bod Australia’s shares rise as it prepares to launch cannabis-based cosmetics

Proactive Investors Friday, 10 November 2017
Bod Australia Ltd (ASX:BDA) has commenced exploratory formulation work on a new range of cannabis-based cosmetic products via its partnership with Swiss herbal extracts company Linnea SA. Bod’s share prices has increased 70% in the past one week and is trading at $0.17 intra-day. Pursuant to the agreement, Linnea will also assist Bod in developing cannabis-based topical treatments for inflammation and sensitive skin, including serums, foam-based creams and balms. A key value-driver for the new cosmetic range will be the use of Linnea’s unique NioSkin™ ingredient as an active ingredient and transporter of the cannabis. NioSkin provides superior therapeutic outcomes than standard cannabis cosmetics by efficiently enhancing skin penetration of the cannabis-based extracts. Bod is currently conducting research and development for its cannabis-based skincare products and is planning to commercialise and distribute the products to consumers by 2018. The products will be developed and manufactured at facilities in Italy, and exported to numerous major markets beyond Australia, including Asia and the Americas. Discussions are underway with third-parties for white labelling and wholesale distribution. The global skincare market is expected to reach $233.7 billion by 2022.
Share on
Share on
Post on 
Share by
Source: Canadian Press - Affiliate - < > Embed
News video: Pot advocates on how activism will change after legalization

▶ Pot advocates on how activism will change after legalization 03:01

Canadian cannabis activists say their work is far from over even as the legalization of marijuana looms. Jodie Emery, known as the “princess of pot,” says shifting focus to criminal justice is part of how cannabis activism will change.

Recent related news

The Hydroponics Company progresses cannabis growing and distribution model

The Hydroponics Co Ltd (ASX:THC) has completed stage I of its research and development facility and growing capability in Queensland. Since October 2017, the...
Proactive Investors - Business

WeedMD partners with world-renowned Technion-Israel Institute of Technology for cannabis research project

Canadian marijuana producer and distributor WeedMD Inc (CVE:WMD) has joined the world-renowned Cannabis Database Project led by the Technion-Israel Institute of...
Proactive Investors - BusinessAlso reported by •GlobeNewswire

Inspiration Provides Update on Negotiations with Compassion Cannabis

TORONTO, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Inspiration Mining Corporation (“Inspiration” or the “Corporation”) (OTC PINK:IRMGF) (CSE:ISM) is pleased to...
GlobeNewswire - Press Releases

Cannabis for Connoisseurs: Budbo Blockchain Produces Higher Quality Cannabis Products

Cannabis for Connoisseurs: Budbo Blockchain Produces Higher Quality Cannabis Products
If you cannot decide which of the over 300 strains of marijuana  to buy, the ‘Budbo app’ will not only help you, but its powerful data analytics engine gets...
The Merkle - Markets

Canopy Growth and Delta 9 given green light to open cannabis retail stores in Manitoba

Delta 9 and Canopy Growth Corporation (TSX:WEED) have been selected by the government of Manitoba to build and operate recreational cannabis retail stores in the...
Proactive Investors - Business

You Might Like

Tweets about this

Other recent news in Business

From stopped football games to falling roofs: Big EARTHQUAKE hits BritainFacebook, TWITTER played by Russian propagandists
Snap CEO EVAN SPIEGEL sold stock for the first time since the IPO (SNAP)Ukip vote to sack leader HENRY BOLTON
These are the sneaky ways apps like Instagram, Facebook, TINDER lure you in and get you 'addicted'NZ farmers enjoy high lamb prices to OFFSET drought impact
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+