ASX-listed Roto-Gro gains as Canniberia pre-approval triggers first order

American Cannabis

06/09/2021 07:18

** Shares of agricultural tech co Roto-Gro International Ltd
 RGI.AX  climb as much as 9.68% to A$0.034 
    ** A pre-approval for a cannabis cultivation licence from a
government regulator for Portugese medical cannabis co
Canniberia triggers the first order under a purchase agreement
with Roto-Gro
    ** Roto-Gro shares post biggest intra-day percentage rise
since Aug 6 
    ** First order for technology from Roto-Gro to be worth C$1
mln ($797,384.58), of total purchase and sale agreement for
C$1.9 mln ($1.52 mln)  urn:newsml:reuters.com:*:nASXb7XvGr 
    ** RGI down 50.79% so far this year, as of last close 
    
    ($1 = 1.2541 Canadian dollars)

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))