Australian news

AusCann Group Holdings secures medical cannabis funding

AusCann Group Holdings (ASX:AC8) has raised $12 million through the placement of 24 million shares priced at $0.50 to institutional and high net worth investors. Significantly, the placement price is more than double the price of the company’s ASX debut in February of $0.20.

First legal, commercial medicinal cannabis shipment now in Australia

The first two commercial shipments of medicinal cannabis products to be legally imported to Australia have arrived in Melbourne and Perth.

How Australia Can Legalise Recreational Weed Within Five Years

With the help of some legal experts we created a five-year plan.

Australians want more spent on drug education and treatment – survey

National Drug Strategy Household Survey finds that, unlike the government, participants would budget more for health approaches than law enforcement

Olivia Newton-John meets with Tamworth medicinal cannabis advocate Lucy Haslam

It's hoped the backing of a high-profile singer will help grease the wheels of medicinal cannabis access in Australia.

Bitcoin Could Help Solve The Cannabis Industry's Banking Problems

Here's why more and more marijuana businesses are using bitcoin.

Australian politician tours medical marijuana production facility

Australian delegates are hoping to learn from Alberta's expertise after visiting the Aurora Sky medical marijuana production facility Thursday.