Mining companies transitioning to MMJ is common. This has been a common practice in Canada and the US. I assume Australia will follow suit. Most have liquidated their mining assets over time to focus exclusively on the medical marijuana space. Here are a few of the 30 plus that have made the transition:
MGC Pharmaceuticals, formerly Erin Resources
Organigram Holdings, formerly Inform Exploration Corp
Supreme Pharmaceuticals, formerly Supreme Resources
Vodis Pharmaceuticals, formerly Southbridge Resources
PUF Ventures, formerly Newton Gold (currently in process of selling off existing mining assets to focus on MMJ exclusively)
https://www.newcannabisventures.com/understanding-canadian-cannabis-reverse-takeovers/
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