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Although Planda opened at 0.51, the same as the previous close, it managed to go up to 0.53 before settling at 0.52 for the day. The past 52 weeks have seen the stock go from 0.04 to 0.62 and back. The Company has a volume of 266,447 and an average 3 month volume of 55,738 with a market cap of 55.26M.

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Plandai Biotechnology, Inc. (PLPL) is a producer of high bioavailable plant extracts for industries that include fields like health, wellness, nutraceutical and pharmaceutical. On October 30th, the Company announced it has formed a new wholly-owned subsidiary, Cannabis Biosciences, Inc based in Delaware in order to develop and test a new Phytofare botanical extract derived from cannabis.

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