Queensland Bauxite Ltd

MCL and AEB will jointly develop Cannabis veterinary medications: Queensland Bauxite Ltd.’s (ASX: QBL) stock rose 8% on December 22, 2017 after the company and Algae.Tec Ltd (AEB) announced for inking a significant Australian ground-breaking agreement, in which AEB will exclusively license Medical Cannabis Limited’s (MCL) Low THC Delta 9 Cannabis cultivars from the unique Australian Cannabis seed bank owned by Medical Cannabis Limited (MCL). QBL has a significant investment in MCL. Meanwhile, QBL stock has risen 21.95% in one month as on December 21, 2017. Given the latest development, it will be prudent to keep an eye on this stock for more positive catalysts with regards to growth in the cannabis sector.
 

Yojee Ltd

Growth in Singapore last mile logistics network: Artificial Intelligence and blockchain technology based logistics and supply chain company, Yojee Ltd.’s (ASX: YOJ) stock initially moved up over 4.5% on December 22, 2017 before ending flat. The company has announced significant growth and strong performance results with almost 700% rise in deliveries in its Singapore last mile logistics network over last six months. There is 34% month on month growth and 150% growth for December month alone. Moreover, the good mix of B2C e-commerce from both local and international sources, B2B and C2C, have led to the growth on Yojee’s network platform. It is worth noting that 76% of corporate senders were repeat customers. Further, the deliveries on YOJ’s Singapore last mile logistics network are completed by Yojee software partners, and a network of over 1300 freelance drivers have placed orders through API integrations with e-commerce platforms and through direct agreements with merchants and freight forwarders. Meanwhile, YOJ stock has risen 82.76% in three months as on December 21, 2017. The company is benefitting from the alignment to the future blockchain developments. However, the stock is at high levels at present and is a good watch for 2018.

 
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