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Home 🌿 Recreational Marijuana News 🌿 West Australian gold explorer turns to marijuana investment to help weather resources downturn 🌿

West Australian gold explorer turns to marijuana investment to help weather resources downturn

Submitted by Marijuana News on Wed, 05/06/2015 - 12:29

When times are tough for the resources industry, companies often turn to and invest in biotechnology.

But for West Australian gold explorer International Goldfields Limited, the decision to buy into a company that develops mass market, non-synthetic cannabis products, is a little more unusual.

Director, David Tasker, said the heavy national regulation of growing marijuana in Uruguay, where their investment; Winter Garden is based, makes it a perfect agribusiness diversification.

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URL: 
http://www.abc.net.au/news/2015-05-06/wa-gold-miner-buys-into-non-synthetic-cannabis-business/6449370

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