ASX-listed MGC Pharmaceuticals Ltd has been awarded a cannabis research licence in tandem with Royal Melbourne Institute of Technology (RMIT).The licence, issued by Australia's Office of Drug Control (ODC) permits the pair to cultivate cannabis for research purposes."The Licence enables our strategic alliance with RMIT to advance on its...
Dixie Brands Inc. announced yesterday its Therabis "Mobility" canine supplement will form the basis of a clinical trial by Penn Vet researchers.The trial will evaluate the effectiveness of Mobility, a hemp-based supplement containing cannabidiol, in relieving joint symptoms in dogs.The Veterinary Clinical Investigations Center at the University of Pennsylvania...
The Netherlands' only approved medicinal cannabis producer may soon have company - and competition.Nederlandse Omroep Stichting (NOS - Dutch Broadcast Foundation), which is part of the Netherlands Public Broadcasting system, reports the country's Office for Medicinal Cannabis (BMC) wants to issue the second license.Currently, only one company is authorised...
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...
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."With this...
Early this week Kansas Governor Laura Kelly signed Senate Bill 28 into law, which provides an affirmative defense against prosecution for possession of certain cannabidiol products containing tetrahydrocannabinol in specific circumstances.Senate Bill 28 is also known as "Claire and Lola’s Law" after the daughters of Gwen and Scott...
The USA's Hemp Industries Association's new campaign seeks to address what it says is Facebook’s current advertising policy of prohibiting marketing and promotion of industrial hemp via Facebook and Instagram.Hemp was redefined as an agricultural commodity and removed from the Controlled Substances Act with the signing into law of...
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...
A recent survey reveals 82% of the executives surveyed at 453 unique banks in the USA want to do business with marijuana enterprises.The nationwide survey by Promontory Interfinancial Network carried out in early April indicates support was highest in the West (89%) and the Midwest (85%).The 2018 Farm Bill...
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...