You are here

Australia makes cautious entry into medicinal marijuana market

It signals intention for homegrown industry after Canada, Israel and many US states legalise the plant for medicine
Thursday, July 13, 2017 - 05:50

BT_20170713_KYMEDICAL13XGH4_2978974.jpg
Mr Crook examining two-months-old cannabis cuttings at an undisclosed location in Australia. The CEO of Cann Group, which was granted the country's first commercial grower's licence, says: "I think we'll see Australia punch above its weight, both in agriculture research as well as medical technology."

Melbourne

AT a secret location in Australia's south-east, Peter Crook delicately tends to a two-month-old cannabis cutting.

Barely knee high, it is one of about 50 government-sanctioned "mother plants" to be cloned for future generations of crops for the country's fledgling

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom