Australia

Tue
25
Apr

Israeli Medicinal Cannabis Start-Up Lists on the ASX as It Looks to Diversify Stock Offering

An Israeli medicinal cannabis start-up is one of the latest firms to list on the Australian stock exchange, as the ASX seeks to diversify its traditionally resource-dominant stock offering.

Despite its Israeli roots, eSense-Lab chose the Australian Securities Exchange (ASX) to make its foray into global markets to take advantage of investor appetite here for new technology stocks.

A brainchild of Israeli doctor Yaron Penn, who has spent the past six years refining the technology, the firm produces a product which smells and tastes like cannabis and has many of its medicinal benefits but does not contain a trace of an actual cannabis plant.

Thu
20
Apr

Medical cannabis accelerator BuddingTech partners with Guardian Data Software to boost analytics and research

Global cannabis software and point of sales solutions company Guardian Data Software (GDS) has announced a partnership with Australian medical cannabis accelerator BuddingTech that will see the organisation act as an analytical engine and business consultancy for GDS clients, while working towards new research initiatives.

BuddingTech, a Sydney-based organisation which emerged in 2015, identifies startups working with cannabis technology and research, and looks to support them towards commercialising their ideas for the Asia Pacific medical cannabis market.

Besides the accelerator, BuddingTech also offers consultation services, and holds a medical cannabis resource database filled with surveys and analytical white paper reports.

Wed
19
Apr

Zelda Therapeutics Expands Medical Cannabis Clinical Trial in Chile

The company will expand its clinical research to include autism.

Zelda Therapeutics (ASX:ZLD) has expanded its medical cannabis clinical trial program in Chile to include autism, which is expected to commence in the second half of 2017.

Autism is a lifelong development disability characterized by impairments in social communication and interactions.

The global market for autism diagnosis and treatments is expected to grow to US$412.7 million by 2019.

Tue
18
Apr

Medical Cannabis Accelerator BuddingTech Partners with Guardian Data Software to Boost Analytics and Research

Global cannabis software and point of sales solutions company Guardian Data Software (GDS) has announced a partnership with Australian medical cannabis accelerator BuddingTech that will see the organisation act as an analytical engine and business consultancy for GDS clients, while working towards new research initiatives.

BuddingTech, a Sydney-based organisation which emerged in 2015, identifies startups working with cannabis technology and research, and looks to support them towards commercialising their ideas for the Asia Pacific medical cannabis market.

Besides the accelerator, BuddingTech also offers consultation services, and holds a medical cannabis resource database filled with surveys and analytical white paper reports.

Mon
17
Apr

Australian Cannabis Growers Lay out Plans for the Future

As the Australia’s stance on medical cannabis has shifted in recent years, shares of some cannabis companies have already seen huge gains. Earlier this week we highlighted several questions investors should ask as they consider investing in the new industry.

Leafly put those questions to a handful of Australian companies, such as AusCann, Cann Group, and The Hydroponics Company. In their responses, each outlined how they plan to build and grow their businesses in light of recent regulatory reforms.

Thu
13
Apr

5 Questions to Ask Before Investing in Australia's Cannabis Boom

Ever since Australia moved to legalize medical cannabis, dozens of Australian companies have bloomed and boomed, with shares climbing in value as Australian state governments continue to relax regulations.

But what about the risks still lurking in the nascent market? To succeed, these companies rely heavily on continued government reform. To avoid getting burned, investors should do their homework. Here are a few questions to get started.

Wed
12
Apr

5 Questions to Ask Before Investing in Australia’s Cannabis Boom

Ever since Australia moved to legalize medical cannabis, dozens of Australian companies have bloomed and boomed, with shares climbing in value as Australian state governments continue to relax regulations.

But what about the risks still lurking in the nascent market? To succeed, these companies rely heavily on continued government reform. To avoid getting burned, investors should do their homework. Here are a few questions to get started.

Wed
12
Apr

AusCann Group Holdings Harvesting First Crop in Chile

Joint venture company DayaCann is currently harvesting in Chile.

AusCann Group Holdings (ASX:AC8) is in the process of harvesting its first medical cannabis crop located in Chile.

The crop was planted by the DayaCann joint venture, of which AusCann holds 50:50 with Fundacion Daya.

The large open greenhouse grown plants include various strains that have been selected for specific medical usage.

Tue
11
Apr

Perth-Based MGC Pharmaceuticals Produces First Cannabinoid Extracts, While South Australia Resident Faces Cannabis Oil Charges

Perth-based MGC Pharmaceuticals has reportedly produced its first cannabinoid extracts at the company’s new European extraction facility. The company told on Monday that it has successfully produced the primary psychoactive compound in cannabis, cannabinoid, at its Slovenia extraction facility.

Mon
10
Apr

Australia: Where does Gladys Berejiklian stand on medical marijuana?

Tamworth's medical cannabis advocate Lucy Haslam hopes the NSW Premier does her homework before the pair meet in Sydney today.

The meeting was teed up by former premier Mike Baird who was a strong supporter of Mrs Haslam campaign for medical marijuana.

CAMPAIGNER: Medical cannabis advocate Lucy Haslam. Photo: Peter Hardin 200217PHD004
CAMPAIGNER: Medical cannabis advocate Lucy Haslam. Photo: Peter Hardin 200217PHD004

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