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Incannex Healthcare: Expects record sales in June quarter

Incannex Healthcare: Expects record sales in June quarter

  • Incannex Healthcare (IHL), formerly known as Impression Healthcare, expects to report $671,000 in cash sales receipts for the June 2020 quarter
  • This represents a 97 per cent increase on the June 2019 quarter
  • It also marks the largest quarter in sales since the company first listed on the ASX in November 2016
  • Incannex develops a range of medicinal cannabis products and the best seller has been Cannagesia
  • On June 30, 2500 units of Cannagesis were received and sales momentum is expected to continue
  • Then the company shares are up 6.12 per cent and are trading for 5.2 cents each
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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