QUEENSLAND BAUXITE (ASX: QBL)
Officially listed in 2008 Trading evenly at $0.02
In a spike rarely seen, Queensland Bauxite shares skyrocketed 114 per cent last week to a high of 3c after the company announced that it had discovered a rare genetic cannabis 'triploid' compound during one of its active research programs.
The company, which is primarily a bauxite miner and exporter, acquired a 55 per cent stake in the unlisted public company Medical Cannabis Limited after its founder Andrew Kavasilas declared "the sky is the limit" when it comes to weed.
Medical Cannabis Limited entered into an arrangement with one of Australia's biggest hydroponic suppliers WHG.net, aligning with its goal to be one of the most progressive medical cannabis company in Australia.
QUEENSLAND BAUXITE (ASX: QBL) Officially listed in 2008 Trading...
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