Medlab Clinical Limited (ASX: MDC) has been granted an important licence by the Victorian State Government for its cannabis-based medicines.The licence enables Medlab Clinical to sell or supply Schedule 8 or 9 drugs (in this case, specifically cannabis and derivative products). The company will sell its NanaBis and NanaBidial...
The Kentucky Department of Agriculture (KDA) has approved hundreds of applications from industrial hemp growers, who will be permitted to cultivate up to 12,018 acres in total of the crop this year.225 applications were approved by KDA, up from 209 in 2017. However, the amount of area under cultivation...
Australia's VitaCann Pty Ltd has inked a deal with Canada's Canntab Therapeutics to bring Canntab XR tablets into Australia.The tablets are designed to deliver cannabinoids over a number of hours and have varying levels of THC and/or CBD. The company says the tablets take the guesswork out of cannabis...
Australia's MGC Pharmaceuticals’ (ASX: MXC) MGC Derma Division last week launched a cannabidiol based cream that it says will provide relief of mild psoriasis symptoms.Psoriasis is autoimmune disease characterised by patches of skin that are red, itchy and scaly. It's a fairly common condition, affecting 2–4% of the population...
A memo from U.S. Attorney General Jeff Sessions rescinding the directives of what's known as the "Cole Memo" had many in the U.S. cannabis industry on edge.The Cole Memo was written by former US Attorney General James M. Cole in 2013 and followed on from a similar document authored...
Following consultation carried out last year, Australia's Federal Government announced yesterday it has decided to permit the export of medical cannabis products."We are making these changes because the expanding domestic medicinal cannabis products industry is facing increasing competition from imports," said part of a statement posted on Federal Health...
In the U.S. state of Maine, applications are now being accepted by the Department of Agriculture, Conservation and Forestry for the 2018 industrial hemp growing season - it's third since the state again allowed cultivation.The costs associated with licensing are a $100 application fee, a $500 license fee and...
The list of cannabis companies listed on the Australian Stock Exchange will soon get a little longer (again), with Elixinol (ASX: EXL) to join the pack.On 28 November 2017, Elixinol Global Limited announced an initial public offering (now closed) of 20 million shares in Elixinol Global at an offer...
Thousands of patients have registered for Pennsylvania's medicinal cannabis program, and to date eight grower/processors have been approved to begin operations in the state.A very proud Governor Tom Wolf provided an update on progress last week.“Patients have started to receive their medical marijuana identification cards, bringing us one step...
A King’s College London clinical trial involving the cannabis compound CBD has shown it may be beneficial in treating psychosis in schizophrenia.While cannabis can pose a risk to people with schizophrenia, this is thought to be primarily due to the effects tetrahydrocannabinol (THC), a psychoactive component that can induce...
