CGB 0.00% 2.1¢ cann global limited

Ann: Q&A on the merger of QBL MCL and Medcan, page-277

  1. 72 Posts.
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    Medcan has an ODC Medical Cannabis Production License to legally cultivate and produce high THC / CBD chemovars and cultivars to make medicinal Cannabis products in Australia

    Exert from the 131 page announcement.

    There are 3 core licenses from the ODC which are granting involved with cannabis specifically

    You've got:
    Medicinal Cannabis Licence (cultivation and production)
    Cannabis Research Licence (cultivation and production)
    Manufacture Licence

    https://www.odc.gov.au/summary-licences-granted

    Medicinal does have restrictions however that one IS aimed towards the production and cultivation of product for sale for medical purposes

    The research license is more limited to research around the plant (To the way i understand it, could be wrong)

    I have seen this question come up and i'm troubled that so many people with such strong opinions don't actually read the first page, yes, on the first page of the announcement it states what type of ODC License they have.
 
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