Canada's Wayland Group has announced it will be expanding into Australia with the acquisition of a majority stake in Northern Territory company Tropicann.It's a somewhat curious situation.Tropicann Pty Ltd is a freshly minted company that Wayland Group states is located in Darwin, Northern Territory. A search of Australian Securities...
ASX-listed cannabis company Creso Pharma Limited (ASX:CPH) has announced it has commenced a process to secure a dual listing on Canada's Toronto Venture Exchange (TSX-V).Creso has set up a solid base for itself in the country through the acquisition of Nova Scotia -based medicinal cannabis producer Mernova Medicinal Inc,...
It may not be long before industrial hemp finally shakes its unsavoury and undeserved status at a federal level in the USA.Industrial hemp is currently classified as a Schedule I substance - a very odd situation given the very low levels of THC it contains. That cannabis generally is...
Sixty industrial hemp research projects will be selected for Pennsylvania's 2019 growing season - up from a maximum 50 that could be permitted this year.Agriculture Secretary Russell Redding announced earlier this week opening of applications and availability of guidelines for what will be the third year of the state...
New Zealand's Ministry for Primary Industries has stated using unprocessed, harvested hemp as feed for animals without registration is illegal in the country.The statement was issued after media reports that claimed otherwise.NZ farmers using hemp as stock feed are apparently breaching the Agricultural Compounds and Veterinary Medicines Act (ACVM)."There...
Medicinal cannabis professionals who gathered in Adelaide earlier this week received a warm welcome from the South Australian Government.The Future of Medicinal Cannabis symposium was held on Monday and featured speakers discussing the challenges and opportunities for the sector.Among the speakers was South Australian Minister for Industry and Skills,...
Australia's Zelda Therapeutics (ASX:ZLD) is partnering with St Vincent’s Hospital in Melbourne to research the potential of cannabinoids in helping pain patients dependent on opioid based medicine.As in the USA, opioid dependence is a growing issue in Australia, one of the many undesirable potential side effects of this class...
A preliminary report on industrial hemp trials in South Australia's Riverland and South East regions has indicated success, with a number of varieties showing potential.The trials, overseen by the South Australian Research and Development Institute (SARDI), involved five different varieties.The report indicates conditions required in South Australia include planting...
It's an odd state of affairs in a country with a huge legal cannabis industry that investors from over the border are stopped from entering.Back in September, concerns were raised that many Canadians may be unable able to enter the US due to their association with medical or recreational...
The first two licenses for cultivating and processing cannabis products were approved earlier this week by Greece's government.Licenses were granted to Biomecann SA and Bioprocann SA. The licenses will have a duration of 5 years and the two licensees will be reviewed annually."Bioprocann will be conducting business from a...
