Canada's MediPharm Labs Corp. announced late last week its Australian subsidiary has been granted GMP Certification and Licence to Manufacture Therapeutic Goods by Australia's Therapeutic Goods Administration (TGA). Good Manufacturing Practice (“GMP”) is a system ensuring pharmaceutical products are produced and controlled according to quality standards consistently. Medipharm Labs CEO...
Australian medical cannabis company AusCann Group Holdings Limited (ASX:AC8) announced the resignation of Chief Executive Officer Ido Kanyon last week - but he'll be hanging around for a bit. Mr Kanyon, who assumed the CEO role early last year, is leaving for personal reasons but will remain with the company...
A new industry is to rise in Australia's Northern Territory after its Hemp Industry Act and regulations came into effect on Wednesday. Hemp could be particularly successful in the Territory given conditions that provide the opportunity to also produce viable seed via a dry season crop, and supplying it to...
Texas's Panda Biotech has announced it is donating more than 60 tons of approved hemp seed for fiber crops to Texas agricultural producers. That's a lot of seed - there's around 27,000 hemp seeds per pound, so 60 tons would work out to 3,240,000,000 seeds. There doesn't seem to be any...
MediPharm Labs Australia Pty Ltd has signed its second white-label supply agreement with New Zealand medical cannabis companies in less than two weeks, which closely followed a local white label supply deal. In late April, the company sealed an agreement to supply pharmaceutical-quality white-label cannabis oil products to NZ's Helius...
Australian medical cannabis company Althea Group (ASX:AGH) has announced details of a deal with a major German pharmaceutical wholesaler. Following on from a previously announced Memorandum of Understanding with Nimbus Health GmbH, the pair have inked an agreement that will see Althea supply its full range of medical cannabis products...
We were wondering how long before a company started manufacturing face masks using hemp. A subsidiary of Australia's Ecofibre (ASX:EOF) has just done so. Sort of. Ecofibre announced late last week it had commenced distribution of facemasks across the United States manufactured under its Hemp Black brand. That division of...
In 2019, global legal cannabis sales grew by 46% to USD $14.7 billion states a new report - and the outlook remains very positive. Legal cannabis sales cover the medicinal and adult use markets, including hemp derived products such as cannabidiol. Cannabis industry research firms BDSA and Arcview Market Research...
Researchers at Colorado State University say cannabidiol (CBD) could prove to be useful in tackling glioblastoma, an aggressive and often deadly form of brain cancer. According to the American Association of Neurological Surgeons, Glioblastoma multiforme (GBM) has an incidence of two to three per 100,000 adults per year, and accounts...
New South Wales based Medlab Clinical (ASX:MDC) says it achieved record sales of its NanaBis product in the first quarter of this year. NanaBis is a product containing 1:1 ratios of cannabidiol (CBD) and delta-9-tetrahydrocannabinol (THC), delivered in a sub-micron spray applied to the oro-buccal membrane; i.e. the inside of...