Australian medical cannabis firm ECS Botanics rises on upbeat September quarter

ECS Botanics Holdings

16/10/2023 24:47

** Shares of ECS Botanics Holdings  ECS.AX  rise as much as
8.3% to A$0.026, posting their biggest intraday pct jump since
Oct. 3
    ** Medical cannabis firm says record 106,000 units of
medicinal cannabis oils ordered during the September quarter
    ** Says experiencing steep increase in demand for medicinal
cannabis oils 
    ** Qtrly revenue A$4.1 mln ($2.59 mln), up 78%; reports
positive net operating cashflow for quarter
    ** ECS up 20% this year, as of last close

($1 = 1.5855 Australian dollars)

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))