Bod Australia climbs on purchase order to expand into French market

Health and Happiness (H&H) International Holdings

03/12/2020 03:54

** Shares of Bod Australia Ltd  BDA.AX  rise as much as 5%
to A$0.630, marking their biggest intraday pct jump since Nov 25
    ** The medicinal cannabis firm gets A$200,000 ($148,240)
binding purchase order from Health & Happiness Group Ltd
 1112.HK  for four Swisse Wellness branded hemp seed oil
products  urn:newsml:reuters.com:*:nASX6yFDVP
    ** The development marks entry into the French market, while
the products will also be sold through existing channels in the
Netherlands and the UK - BDA
    ** Co to receive a royalty on net product sales
    ** The United Nations slackening controls over cannabis
further supported the stocks gains  urn:newsml:reuters.com:*:nL8N2II573 
    ** Bod Australia shares at one-week high
    ** About 333,711 shares change hands, compared with the
30-day average volume of 170,915
    ** Stock doubled in value this year, as of last close

    ($1 = 1.3492 Australian dollars)

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))