16 th March 2017 LICENCE FOR GROWING CANNABIS INDOORS GRANTED The Board of Queensland Bauxite Limited is pleased to announce the progress of its investment in Medical Cannabis Limited (MCL) (see announcement dated 3rd March 2017). Medical Cannabis Limited (MCL or “the Company”) is furthering its plans within the Australian medical Cannabis and hemp seed research and supply industry. Last Friday 10th March 2017, approval was granted by NSW Department of Primary Industries (DPI), under the Industrial Hemp Act 2008, to allow the Company to grow indoors a selection of its plant varieties at a private location in NSW. This is in addition to a licence under section 5 of the Hemp lndustry Act 2008 to cultivate and supply low-THC Cannabis for commercial production and for manufacturing processing.
Ann: Trading Halt, page-199
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