FIELDS OF GREEN: THC Global granted manufacturing licence.
FIELDS OF GREEN: THC Global granted manufacturing licence. Eliza Goetze

GREEN LIGHT: Bundy cannabis firm clears final hurdle

THC Global Group Limited has been given the green light for manufacturing.

Announced today, THC Global has been granted a Manufacture Licence for the production of extracts and tinctures of cannabis and cannabis resin from the Australian Office of Drug Control.

THC Global and its wholly owned subsidiaries now hold all three cannabis production licences being a Cannabis Research Licence, a Medicinal Cannabis Licence (Cultivation), and a Manufacture Licence.

The company is already conducting medicinal cannabis cultivation activities at its Strain R&D and Manufacturing Facility in Bundaberg, operated by its wholly owned subsidiary, Canndeo Limited.

Chairman, Steven Xu said: "We are very pleased to be granted a Manufacture Licence, which now completes our 'Farm to Pharma' model".

"This licence is a significant milestone for the company, with the next targets being the development of a new generation of proprietary medicinal cannabis products and securing our revenue outlook through off-take agreements and furthering our existing global partnerships," he said.

More to come.



Trial date set for disgraced Gympie builder

Premium Content Trial date set for disgraced Gympie builder

The former Stirling Homes director will face trial early next year on multiple...

RED ZONE: ‘Vicious storms could hit Gympie without warning’

Premium Content RED ZONE: ‘Vicious storms could hit Gympie without warning’

Gympie firmly in the red zone for severe storm threat that could smash the region...

Gympie Magistrates Court appearances for today

Premium Content Gympie Magistrates Court appearances for today

Here is a list of matters listed at Gympie Magistrates Court