Australia

Wed
31
Oct

Getting medical cannabis in Australia is too complicated

Although Australia legalized the medicinal use of cannabis in 2016, accessing it remains a lengthy, bureaucratic ordeal that’s left many Australians frustrated. The introduction of a new online application was intended to simplify the process. But reports from Down Under have indicated that the road to acquiring medicinal cannabis in Australia might be bumpier than most people realize.

Mon
29
Oct

A global phenomenon: Australia's cannabis industry is already booming, and here's how startups can get on board

Despite “strong” stigma locally, opportunities are aplenty for founders wanting to take advantage of the fast-growing cannabis market according to Australian entrepreneur and industry expert Saul Kaye.

But if startups want to see success, they’ll need to look beyond the “low-hanging fruit” and devise a way to best integrate their existing expertise into the market, rather than diving into something they have no experience in. These nugs of wisdom come from a founder who’s spent the last five years in Israel, building out his pharmaceutical cannabis brand iCAN and running international cannabis technology conference CannaTech.

Mon
29
Oct

Australian researchers will test THC on brain cancer patients

A group of Australian researchers will be the first to conduct a clinical trial to determine whether cannabis will kill brain cancer cells in live patients. Nearly 82 patients with glioma, a form of brain cancer, will be chosen to take medical THC for a three month period along with their regular treatment. Ideally the THC will slow the growth of cancerous cells in addition to killing them and preventing regrowth.

“The standard treatment for a brain tumor is basically surgery, chemotherapy and radiation,” said Dr. Janet Schloss from Endeavor College of Natural Health. Dr. Schloss hopes the trial will improve the patients’ overall quality of life. 

Fri
19
Oct

Young Henrys and Afends announce the Hemp IPA, one of Australia's first cannabis beers

Young Henrys have unveiled their latest brew, a collaboration with Afends with a very special secret ingredient; hemp.

The Hemp IPA will be available on tap and in cans, rolled out at selected venues and retailers nationwide on October 24th.

To find out a little more about the new brew, we spoke to Oscar McMahon from Young Henrys and Daniel Schultz of Halcyon Bioscience.

Fri
05
Oct

Is Australia still up in smoke about marijuana?

Everything’s gone green. With Canada set to legalise recreational weed in just under two weeks' time, and the US hot on its northern neighbour’s heels, we’re seeing the rapid emergence of a hothouse industry that has far outpaced earlier predictions.

According to a report published by Arcview Market Research alongside BDS Analytics, worldwide consumer spending on legal weed is now expected to reach US$57 billion by 2027.

Mon
01
Oct

Owner of Australian smoke shop chain imprisoned for selling synthetic marijuana

Cloud 9 owner Hoang Nam Nguyen is the first person prosecuted under Western Australia’s new psychoactive substances law.

Fri
31
Aug

Australia pushes for easier cannabis access in face of “hidden” opioid epidemic

Medical cannabis advocates in Australia are calling for easier access to medicinal marijuana products, citing reports that deaths from sleeping and anxiety pills have become a “hidden epidemic.”

Reports Show Opioid Deaths in Australia Are On the Rise

A recent report released by the Penington Institute showed that deaths from sleeping and anxiety pills, opioids, and methamphetamine have all risen sharply in Australia.

Fri
24
Aug

Australia 'missing out' on nutraceutical cannabis extract market due to current federal laws

Key players in the emerging industrial hemp business say Australia is missing a golden opportunity to develop a nutraceuticals industry based on the non-psychoactive ingredients in the cannabis plant.

New research suggests that so-called cannabidiols or CBDs are found in plants grown for fibre or seed grain and they can treat a wide range of medical problems including serious forms of epilepsy.

But under Australian law, growers cannot harvest this material unless they are licensed by the Federal Office for Drug Control under strict security conditions.

Last January Health Minister Greg Hunt gave the green light for a medical cannabis industry in Australia.

Thu
23
Aug

Australia 'missing out' on nutraceutical cannabis extract market due to current federal laws

Key players in the emerging industrial hemp business say Australia is missing a golden opportunity to develop a nutraceuticals industry based on the non-psychoactive ingredients in the cannabis plant.

New research suggests that so-called cannabidiols or CBDs are found in plants grown for fibre or seed grain and they can treat a wide range of medical problems including serious forms of epilepsy.

But under Australian law, growers cannot harvest this material unless they are licensed by the Federal Office for Drug Control under strict security conditions.

Last January Health Minister Greg Hunt gave the green light for a medical cannabis industry in Australia.

Tue
21
Aug

These are the top 3 cannabis companies to watch in the Australian marijuana market

Experts agree that any marijuana stock worth the investment should have a global growth strategy to bring cannabis to other parts of the world. Australia is a critical player in the international cannabis market, certainly with the medical marijuana already legalized down under.

The Australian continent’s location forms a hub for exports to Asian markets as well, giving the cannabis industry a worldwide distribution port. These are the top three cannabis companies to watch in the Australian marijuana market.

Pages

Subscribe to RSS - Australia