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cannabis

Company in the news

iX Biopharma inks supply agreement with Cannatrek to supply medicinal cannabis wafer in Australia

The agreement marks iX Biopharma’s official entry into the high-growth Australian cannabis market, which is expected to grow from US$0.04 billion in 2020 to US$1.23 billion in 2024.

Company in the news

iX Biopharma secures licence to manufacture cannabis in Australia

SINGAPORE (Dec 5): iX Biopharma has been awarded a cannabis manufacture license from the Australian Office of Drug Control to manufacture and supply extracts and tinctures of cannabis and cannabis resins.

In print this week

Cannabis gets a shot in the arm as Canada legalises recreational use

(June 8): Canada will legalise recreational cannabis on July 1.

Top hedge fund turns to Australian cannabis firm for next bet

SYDNEY (May 2): Tribeca Investment Partners Pty, owner of the world’s best-performing hedge fund last year, has found its next stock pick: a tiny grower of cannabis.
Marijuana

Cannabis stocks soar more than 130% in Australia

LONDON (March 24): There’s a buzz in Australia’s stock market. Shares of companies involved in the cultivation, production and research of medicinal marijuana have on average soared more than 130% in Sydney this year. That’s six times higher than th

ASX-listed Singapore company gets high on announcement of interest in medical cannabis

SINGAPORE (March 16): In a country where cannabis – commonly also known as marijuana, weed or pot – is recognised as a Class A controlled drug, a bio-technology company is seeking to pursue opportunities in a sector where its medicinal use is legalise
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