AC8 0.00% 4.0¢ auscann group holdings ltd

Australian company granted first licence to commercially grow medicinal cannabis, page-16

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    "The Government has announced it would facilitate faster access to medicinal cannabis for patients in Australia by authorising controlled importation by approved suppliers from international sources. Prior to today’s announcement, AusCann were required to have medical practitioners pre-authorised for a particular medicine, whereas now, the Company is able to expedite its application to become an approved supplier for the import for medical cannabis products.
    This will allow AusCann to import product ahead of time to meet demand from authorised prescribers and be in a position to more quickly provide patient access. This will significantly accelerate AusCann’s timeline in being to supply Australian patients.
    ÄSX reease 23/2/17
 
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