Australia

Mon
10
Jun

Doors have opened for Murray River to cultivate organic hemp in Australia

Murray River Organics Group Limited (ASX: MRG) is an Australia-based company engaged in the manufacturing, marketing and selling of certified organic, natural and better-for-you products. On 5th June 2019, the company, by release, announced that it has successfully granted the authority to grow low-THC cannabis on its certified organic Nangiloc property.

Fri
07
Jun

Australian cannabis firm leaps into U.K. market

Australian listed cannabis company Althea has launched a medical educational platform for U.K. doctors.

Called Althea Concierge UK, it will be similar to the platform it operates in its home country, and aims to provide a clinical evidence base for healthcare professionals looking to prescribe medical cannabis. Althea hopes the platform will streamline the prescription process and facilitate patient referrals from primary care doctors to Althea UK specialist prescribers. The company says in a press release that Concierge has boosted medicinal cannabis patient numbers in Australia.

Tue
04
Jun

Millions use cannabis, but figures for how many become dependent aren’t reliable

Cannabis has an image of being a relatively harmless drug. But all drugs carry a degree of risk, and cannabis is no exception. One of those risks is dependence, which many people assume is only something that happens to those who use “hard drugs”, such as crack or heroin. In fact, the estimated risk of dependence on cannabis is about one in ten. This risk may seem relatively low, but given that there are an estimated 200m cannabis users across the globe, the potential number of people who are dependent on the drug is around 20m – roughly, the population of Romania. It’s worth exploring how this figure of one in ten is constructed.

Wed
29
May

Funding for industrial hemp project in Western Australia

A hemp initiative was one of ten projects in Western Australia’s Kimberley region named to receive a Regional Economic Development (RED) grant.

The McGowan Government announced the grant and nine others last Friday.

“The Kimberley region has great potential to develop and diversify its economy, particularly given its close proximity to Asian markets,” said Regional Development Minister Alannah MacTiernan. “By investing in a variety of regional initiatives, the State Government is helping to grow Western Australia’s regional areas into thriving and sustainable communities.”

Tue
28
May

Medical cannabis manufacturing licence for Australia’s Medipharm Labs

Another one – MediPharm Labs Australia Pty. Ltd. has received a cannabis manufacturing licence from Australia’s Office of Drug Control.

The firm is a subsidiary of  Canada’s MediPharm Labs Corp. Back in June last year, the company commenced construction of its cannabis oil extraction facility in South Gippsland, Victoria.

Fri
24
May

Worrisome diagnosis: lack of prescribing physicians causing Australian medical cannabis program to fail

Although the use of medical cannabis is legal in Canberra, touted as Australia’s culture capital, patients are reporting they are being forced to purchase their medication on the street as it’s nearly impossible to find physicians in the city willing to prescribe the drug.

Fri
24
May

One in five roadside marijuana tests may be inaccurate, study claims

While legislation regarding medical and recreational cannabis use may have been relaxed in numerous countries over recent years, driving while stoned remains a criminal offense everywhere, and for good reason. However, enforcing this common-sense law is not as easy as it might sound, with new research indicating that roadside tests for marijuana are wildly inaccurate.

Thu
23
May

IDT Australia secures medical cannabis manufacturing licence

IDT Australia Limited’s (ASX:IDT) securing of a medicinal cannabis manufacturing licence is also good news for another Australian cannabusiness.

IDT announced on Monday Australia’s Office of Drug Control granted it the licence under the Narcotic Drugs Act 1967.  The licence will allow the company to manufacture of extracts and tinctures of cannabis and cannabis resin, and engage in other related activities including supply, packaging, transport, storage and possession.

Tue
21
May

Industrial Hemp Bill tabled in Australia’s Northern Territory

Legislation introduced to NT’s parliament last week seeks to make it legal to grow and process industrial hemp in the Northern Territory.

The Hemp Industry Bill 2019 would create the authorising environment for the regulation of cannabis with less than or equal to 1% THC for food, fibre and seed production uses.

Under the legislation, crops would need to be sown using approved hemp seed  that will typically produce plants with a THC concentration in the leaves and flowers of not more than 0.5%. While that seems to fly in the face of the 1% mentioned earlier, this is quite a common type of requirement allowing for a bit of wiggle room as seeds may produce plants with more than  0.5% due to environmental conditions beyond the grower’s control.

Fri
17
May

THC Global Secures Medicinal Cannabis Export Licence

Australia’s THC Global (ASX:THC) announced on Wednesday the company has been granted a licence to export medical cannabis by the nation’s Office of Drug Control.

Australia’s Federal Government decided in January last year to permit the export of medical cannabis products. The announcement allayed concerns the country was heading for a glut of medicinal cannabis given the number of players jumping into the industry (and how difficult it continues to be for patients to access products).

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