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Global sharemarkets are going to pot as a large number of marijuana companies have listed in recent years, including on the Australian sharemarket.
Medical dermatology company Botanix Pharmaceuticals has enjoyed healthy gains on its first day of trading on the ASX, after completing a reverse takeover of Bone Medical.
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Bone Medical Ltd (ASX:BNE) has some interesting news on the horizon, in the form of an acquisition. The ASX has granted the company a trading halt to prepare, with its shares placed in pre-open. The halt will remain in place until the opening of trade on Tuesday 22nd March 2016, or earlier if an announcement is made to the market.