Ann: Response to ASX Aware Query, page-112

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chocbloc

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18/03/17

07:08

Post #: 23448021
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Originally posted by Growing ↑

Have we read the same announcement . It does not state it's for a limited time or for a sole purpose, It says in addition he has obtained transportation and display approval - I suggest you do some more research and become better informed or you will be quickly discredited as a down ramper:

Mr Kavasilas has obtained a License under section 5 of the Hemp Industry Act 2008 to:

i) cultivate low-THC hemp for commercial production and for manufacturing process; and

ii) supply low-THC hemp for commercial production and for manufacturing process.
This licence is subject to conditions imposed by the Act, conditions prescribed by the Hemp lndustry Regulation 2008 and the additional conditions set out below.

Additional Conditions:

a) Sowing seed - A THC analysis, statutory declaration or other form of guarantee which ensures the sowing seed has a THC level of less than 0.5% must be held in the Register described under clause 10 (1) (b) of the Regulation and provided to an authorized inspector where requested.

b) Annual Planting Notification -The licence holder must submit an Annual Planting Notification in the approved form within 1 month of planting a low-THC hemp crop. The following information is to be notified:

the specific paddock or plot on the property sown

the crop area sown

the date that the crop was sown

the variety of low-THC hemp sown

the source of seed or planting material including the name, licence number and state or territory of the supplier. If seed is imported from overseas a seed certification number or AQIS import clearance number must be provided.

Mr Kavasilas further obtained approval last Friday from the Department of Primary Industries in NSW for a Permit for movement and display of Industrial Hemp plants within New South Wales under the Hemp industry Act 2008 ("the Act") and pursuant to clause 9 (2)(b) of the Hemp lndustry Regulation 2008 (''the regulation"), to allow the movement of entire potted plants of low-THC industrial hemp, to approved premises in accordance with the conditions of movement specified in the Licence, which applies to the transport and display of plants of low-THC industrial Hemp (Cannabis sativa) plants grown under standard licence conditions by the permit holder with exemption from clause 9(1)(h) of the Regulation - that requires Plants to be substantially stripped of leaves prior to leaving property of production.

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I suggest you research what the license is for and what hemp is. Has absolutely nothing to do with medical marijuana. Product is different, plant is different, license is different. Maybe some nice rope products or hippie t-shirts on the way though
QBL Price at posting: 2.4¢ Sentiment: Sell Disclosure: Not Held
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Ann: Response to ASX Aware Query, page-112

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