Interesting to note that although there is a bit of competition...

Interesting to note that although there is a bit of competition out there THC has an ACE up its sleeve.

Canndeo is their Australian entity that has ODC-issued licenses and permits for both cultivation and Research & Development.

The permits are what separates THC from many of the other players who don't have proper security cleared sites with suitable staff in order to be granted permits to commence cultivation/R&D under the respective licences.Canndeo owns and operates the Bundaberg facility in Queensland and has access to the largest Plant Breeder's Rights (PBR) registered cannabis strain repository in Australia.

According to a spokesperson for THC, this means that that company has exclusive perpetual access to six cannabis PBR's for Research & Development and commercialisation purposes, making it the largest holding of any Australian pot stock.

"The registered PBRs are for high-quality strains which have strong commercial value both in use within our own production and for potential licensing," the spokesperson said.

"Any company can register a Plant Breeders Right—it's like a patent for a plant species. However, we have the largest library of granted strains for medicinal cannabis use."Canndeo is also responsible for the distribution of imported medicinal cannabis products in Australia.