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...
In the USA, industrial hemp has been shown to help support bee populations during periods where other food sources are scarce.In Northern Colorado, hemp flowers between late July and late September - a time when many other species of plants have completed blooming, resulting in food sources for pollinators...
MGC Pharmaceuticals (ASX:MXC), Royal Melbourne Institute of Technology (RMIT) and The Hebrew University of Jerusalem (HUJ) have partnered to create an international medical cannabis research hub.The venture, called CannaHub, will initially focus on the treatment of cancer, researching the effectiveness of traditional and medicinal cannabis combination treatments and also...
There were some interesting developments on Australia's cannabusiness scene last week - here's a few highlights.
MGC Pharma
MGC Pharmaceuticals (ASX:MXC) announced last Tuesday it had signed a formal definitive agreement with CannaGlobal for the strategic sale of 100% MGC Derma, the company's cosmetics division. MXC will hold 10% equity in...
An Australian distiller of hemp gin reportedly had ads promoting its tipple banned by Facebook - and the company has been super-busy since.Tasmania's Nonesuch Distillery produces a range of gins, including one containing hemp seed as an ingredient. The company had been advertising it on Facebook, but says it...
In the Australian state of Queensland, a bill has been introduced to Parliament that aims to provide seriously ill Queenslanders with faster access to medical cannabis.Currently in the state, specialists or a GP in consultation with a specialist must contact Queensland Health to apply for approval to prescribe medical...
