waiting and watching.. 👀
There are a handful of tickers in medical and/or cannabis pharma I've had on my watchlists or bought into..
While some caught my eye early, there are others I've just recently become aware of.

Many Oz companies can grow, produce and distribute overseas... quite a lot of international companies base growing/distribution operations in Europe, some can produce or grow here but only distribute their products overseas.. some are able to produce, grow, develop and distribute domestically... many combinations depending on what area of the industry they occupy,and the economic and political red-tape 🛑
This can be for a few reasons. Different licensing is the big one.
Timing can be a big factor too. If a company set up at a time when or where certain laws applied, it could be a determining factor in where they based their main business operations, or even which direction to take a company in.
Hence why I looked at US and Euro based companies like $22nd Century (XXII.US)$ in 2021-22, more established and more freedom in production and distribution. But always had one eye on a few ASX tickers, even though our cannabis laws are still draconian!... Some established, many speculative, and some just had great fundamentals and potential going forward.
$Botanix Pharmaceuticals Ltd (BOT.AU)$ is great for long term steady growth. They got in very early and got around our tight legislations by focusing on developing topical cannabinoid-based dermatological therapies to now be- the largest cannabis stock on the ASX
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$Vitura Health Ltd (VIT.AU)$ Is an interesting one. Formerly Cronos Australia, Vitura Health has been busy developing multiple, integrated brands. They have a good foothold in the digital health space with brands like Cannview, who are streamlining the process between doctors, patients, suppliers, prescribers, distributors etc using their online platforms.
Then they have Cortexa. One of the few in the world with validated psychedelic drugs ready for patient use, and since 2023 saw legislation that allows psychiatrists to prescribe here, they are in a good position on that supply chain. Of course Vitura have other brands developing and producing cannabis products, like Inscape and Adaya. Both boasting rigorous testing and development on their flowers to create the "best products possible for the consumer" ![]()
$Little Green Pharma Ltd (LGP.AU)$ has been struggling, let's be honest! Even surprising positive news regarding psilocybin for psychadelics use in trials couldn't keep it up. But I honestly see this as a nice loooong term play anyway.. (Gina Rinehart invested a while ago at higher price.... I like to track what our richest person spends money on, her company is private but her spending often isnt)..probably buying for the same reasons I did... that soon, hopefully🤞 when the Oz govt cuts the mounds of red tape around Marijuana, LGP won't be the only ticker getting a major boost.
It currently supplies quite a lot of flower to Germany and UK, (Lush Labs adding Craft Blend to the Value and Premium flowers on the menu), and recently acquired $Health House International Ltd (HHI.AU)$ . Formerly a partner of LGP (integrating different services like distribution) I'd read they paid 1.25m, then a posting said around 400k?..will dig deeper but regardless of what combination of cash or debt relief was given, with HealthHouse rev approx 7.5m per annum I'd say it was a good score 😉 LGP's financials look good, and needing a new facility to meet demand is also a very good sign.
There are some I watch that aren't specifically asx cannabis companies. Anything with great results and potential for good earnings is worth a look. Also, anything disruptive to an established space is going to have an impact.
Like $LTR Pharma Ltd (LTP.AU)$ well... WOW! Happy times can be SPONTANeous again!! These guys are focused on erectile dysfunction therapies, with their star product Spontan. Their trials, results, approval and finally distribution deals gave this a great boost! Given Viagra is a pill that takes 45mins plus for effect, and Spontan is a simple nassl spray that boasts a mere 12 minutes for effect, it has potential to take a huge market share from the leading brand. Viagra has had a vice grip on this market for so long, Spontan has not only a faster reaction but a different delivery system, we could see this dominated space be disrupted for some time ![]()
$SKYE BIOSCIENCE INC (SKYE.US)$ is a US ticker I added a few years ago, and seems it's having a good run of late. They focus on therapies using the endocannabinoid system, targeting different things from neorological, to inflammatory issues, to obesity they have a broader view than some. The fact their opthalmic emulsion didn't get the results expected in 2023 doesn't phase me. They were smart in not beating a dead horse- as soon as phase 2 wasn't getting what they expected, they cut it from the pipeline completely and redirected that cash flow to something positive. Decisive management is a good thing in Biotechnology!!!
is a more recent discovery developing liver and pancreatic cancer therapies, I became aware of this just late last year
Positive results in trials and a few multi purpose drugs in their pipeline made it something worth looking into. At the time it was coming off historic low, also an attractive incentive 😉 FDA approvals were looking good, and can now say, has been granted ![]()
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is definitely one that got away 🐠 I remember buying and selling this in the 70-90's. Now almost double that, it's one like Botanix, I should have bought back then on a set-&-forget basis! At the time I think I just sold on a good leg-up, and not knowing charts very well didnt realise it was the start of much longer growth.. oh well, I keep it on list as the reminder that everything should be Win or Learn!
I guess I like Biotechnology with its landscapes of clinical trials and results, production for public, and marketing side. It's great to see the new ways they are actually developing therapies for those with cancer, dementia, diabeties, obesity, chronic pain, dermatological issues, fertility issues, nerve and skin damage...the list is endless. While I look in many areas I'd mainly focused on asx cannabis as it's an area ripe for opportunity in Australia- we currently only have some medical access here, bar one tiny state that decriminalised it. The medical discoveries with Marijuana are abundant, we have some in Biotechnology side finding new uses in topical creams or eye emulsions for eg, some more on the growth side, taking advantage of laws against smoking being lifted or changed overseas-growing slowly but ripe for when they lift laws here..! Many of our profitable non-medical brands are doing well overseas with carefully cultivated flower products for consumers but hopefully soon they can do more business domestically as well.
Would be nice to see them out of the shadows!
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桐钧 : In six months, it will be clear how cheap the current price of BOT stocks is, haha.
桐钧 : When you delve deeper into this company, you will find that it has good products, a great team, a strong financial situation, and a vast market. The performance after half a year of commercialization will definitely bring you unexpected surprises!!!