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Bioxyne Enters Central American Cannabis Market with Key Supply Agreement

Story Highlights
  • Bioxyne Limited enters Costa Rica and Panama’s cannabis markets with a new supply agreement.
  • The deal positions Bioxyne as a first-mover and could generate over A$1 million annually.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bioxyne Enters Central American Cannabis Market with Key Supply Agreement

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An update from Bioxyne Limited ( (AU:BXN) ) is now available.

Bioxyne Limited has secured a manufacturing and supply agreement with Remidose LATAM SRL, marking its entry into the emerging medicinal cannabis markets of Costa Rica and Panama. This strategic move positions Bioxyne as a first-mover in these high-potential, low-competition markets, with the agreement potentially generating over A$1 million in annual revenue. The partnership underscores Bioxyne’s expertise in producing pharmaceutical-grade, non-flower formats like pastilles and aligns with their growth trajectory targeting significant revenue and EBITDA in FY26.

The most recent analyst rating on (AU:BXN) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on Bioxyne Limited stock, see the AU:BXN Stock Forecast page.

More about Bioxyne Limited

Bioxyne Limited is an Australian pharmaceutical manufacturer specializing in pharmaceutical-grade cannabis products. Through its subsidiary Breathe Life Sciences, Bioxyne focuses on producing high-quality THC pastilles and holds a strong position as a GMP-certified manufacturer.

Average Trading Volume: 2,972,812

Technical Sentiment Signal: Buy

Current Market Cap: A$81.02M

See more data about BXN stock on TipRanks’ Stock Analysis page.

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