Australia

Fri
13
Sep

Further success in South Australian industrial hemp trials

After two years of hemp trials in the Riverland and South East regions of South Australia, it’s been concluded the crop will grow very successfully in the state.

Released late last week, a report from South Australian Research and Development Institute (SARDI) follows on from a SARDI report published last year.

Over two seasons trials have compared nine different industrial hemp varieties all told, sown across different sowing times from late October to mid-January.

Fri
13
Sep

Germany receives first medical cannabis imports from Portugal and Australia

Germany received its first imports of medicinal cannabis from Portugal and Australia this week. Two German companies took delivery of the shipments that will be used for testing purposes and to supply the country’s growing demand for medical marijuana, which was legalized in 2017.

In Cologne, Cannamedical Pharma received a commercial shipment of cannabis from a company in Portugal. Although the company did not identify the shipper, last month Tilray Portugal announced that it had come to an agreement with Cannamedical to export medicinal cannabis to Germany.

Fri
06
Sep

New Zealand could legalise recreational marijuana in 2020 — and this Aussie cannabis company wants a toke of the booming market to follow

New Zealand might be world-renowned as a producer of high-quality reggae, but cannabis — the plant so hallowed in the musical genre’s sub-culture — remains tightly controlled in the country.

Cannabis is defined as an illegal substance under New Zealand’s Misuse of Drugs Act and cultivating or supplying the drug can land you as many as 14 years in prison – and even possession could get you three months.

Wed
04
Sep

Medical cannabis manufacturing facility opens in Queensland

Australia’s Federal Minister for Health, Greg Hunt, opened (another) medical cannabis facility in Queensland last week.

The THC Global (ASX:THC) project in Southport is the largest bio-pharma manufacturing facility in the Southern Hemisphere according to the company, and has an expected capacity of 12,000 kg of Active Pharmaceutical Ingredient (API) extracts per year. Pending securing of required approvals, THC Global expects to further process these extracts into finished medicines including oils and capsules.

In July this year subsidiary THC Pharma Pty Ltd was awarded a Manufacture Licence from the Australian Office of Drug Control in relation to the Southport facility.

Mon
02
Sep

Greater focus on industrial hemp in Victoria, Australia

A government appointed taskforce in the Australian state of Victoria will delve into the opportunities for industrial hemp in the state.

The Industrial Hemp Taskforce will seek to understand where the industry has potential, and if regulations need to be tweaked to support growth (and no doubt there will be a resounding “yes” to the latter).

Fri
30
Aug

Cannabis to become a major crop in the heart of Australia’s food bowl

Cannatrek Ltd recently revealed it had received planning permission from the Greater Shepparton City Council to build a $160 million medicinal cannabis production facility.

Cannatrek is part of the CANNATREK Group, which is deploying an end-to-end industry blueprint, to provide a streamlined progression into the cannabis agri-tech industry, which reduces growth risk, maximises market share and targets high value-added wellness & medicinal cannabis products.

The facility, just outside of Shepparton, Victoria will be one of the world’s largest medicinal cannabis facilities and Cannatrek is already making its mark globally, having partnered with Canada's TSE listed $334.6 million capped Canntrust:

Tue
27
Aug

Australia: Planning permission granted for Victorian cannabis facility

Australia’s Cannatrek has announced the firm has secured planning permission for what it says will be one of the world’s largest medical cannabis facilities.

The AUD $160 million project, given the green light by Victoria’s Greater Shepparton City Council, involves the construction of a 160,000m2 glasshouse; inside which 160 tonnes of medical cannabis could be grown annually. The facility is to be constructed on 178 acres of land previously purchased by Cannatrek.

Beyond cultivation, medicines will also be manufactured at the facility.

While the Australian legal medical cannabis market is still very small given the regulatory minefield doctors and patients must navigate, Cannatrek says it will also pursue multiple export markets.

Tue
27
Aug

Medical cannabis driving performance trial announced

MGC Pharmaceuticals (ASX:MXC) has been granted  approval to conduct a controlled trial assessing the effects of a cannabis-based medicine on driving performance.

As legal medical cannabis becomes more widely available throughout the world, there are understandable concerns about the potential impacts on road safety. In Australia, current legislation in most states forbids patients taking cannabis based medical products from driving, which on top of a complex access pathway has impacted patient uptake.

“It has been documented that a key reason for individuals in Australia to decline cannabis products for medical purposes that may benefit them is that it would inhibit them from driving,” says Roby Zomer, co-founder and managing director of MGC Pharma.

Thu
22
Aug

4 continents, 1 deal: The global CBD export market is already here

On Aug. 19, the Colombian company PharmaCielo, which claims to be the country’s premier producer of medical-grade cannabis oil, announced that it had officially exported the first batch of CBD from Colombia to Switzerland. The actual deal to make the first commercial export of CBD to Europe happen was organized by PharmaCielo’s Canadian parent company of the same name.

Wed
21
Aug

Does cannabis keep you young?

Old people look old because their skin stops producing collagen — or, possibly, because they are full of spiteful regret for a life poorly lived, an existence misspent in the pursuit of frivolous things. Younger people look old because their skin was ravaged by something. It’s the sun, mostly, but also stress, overeating, boozing, or — cue the New Age health solutions music!— an onslaught of rampaging free radicals.

If you want good skin that looks young(ish), the best technique is to stay out of the sun. That isn’t good enough, and so we have a beauty and cosmetic industry that promises to either delay one of the above inevitable outcomes, or to fool other peoples’ eyes into thinking it hasn’t already happened.

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