Business news

China cashes in on the cannabis boom

Legalisation has little chance of coming to China, but companies have begun cultivating the plant to meet overseas demand for cannabidiol

Canopy Growth acquires Germany's C3 Cannabinoid Compound Company

The deal is a power play in the emerging European medical cannabis market

Asterion Cannabis inks deal to buy 75 hectares in Queensland to grow medicinal cannabis

The agreement is between Vancouver-based Asterion’s subsidiary Asterion Australia and Wagners Properties

New medicinal cannabis company to create 100 jobs in Taupō

A medicinal cannabis company has been given the green light to set up its operations in Taupō

'States that legalise cannabis see an immediate bump in home values' says real estate expert

That's the key finding of a recent study from Clever Real Estate, which analyzed market data from 2014 to 2019

Elixinol Global Limited strengthens Board with the addition of consumer retail specialist

Elixinol Global Limited has appointed Mr. Greg Ellery a consumer retail specialist as Non-Executive Director to the EXL Board of Directors

Aurora wins public tender to produce medical cannabis in Germany

The Edmonton, Alberta-based company was awarded five of the 13 available lots with a minimum total supply of 4,000kg

Green light for QLD cannabis glasshouse

A $450 million project to build one of the world's largest medicinal cannabis glasshouses in Queensland has been approved by the federal government

Ecofibre joins ASX to fast-track commercialisation of hemp-based products

Fast-tracking the commercialisation of a range of high-performance, hemp-based textiles has been slated as top priority for ASX newcomer and hemp producer Ecofibre (ASX: EOF), which officially listed today

Harvest One announces new Satipharm distribution agreement

Agreement with Health House for distribution of Satipharm CBD Gelpell® Capsules throughout Australia, New Zealand and Asia