VALUE OF MCL’S MMJ RECOGNISED SEED BANK The
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The report did not explain the significant value of MCL’s unique seed bank, being one of the only recognised local lawful sources of cannabis genetics in Australia, and with over 25 unique varieties of cannabis that Andrew has been cultivating in his research over the past two decades.
Under international law and the UN Drug Conventions, having a lawful source of cannabis genetics enables the legal development of product in Australia and internationally, which nearly all other companies currently simply do not have that legal ability in their own right.
MCL owning its own genetics also means that when, during the current ongoing research, the genetics of any of these varieties are found to have particular unique medical benefits, then the value of owning these strains will become extremely significant.
Further information on the most significant announcement to date, can be found on our website. Explanation on the two acquisitions, for both MCL (Medical Cannabis Ltd) and Medcan – Medical Cannabis. We know have full intrest in these two businesses and moving forward. Post 207 and 215 is also informative about the new QBL.
https://www.queenslandbauxite.com/ Now QBL states; ”QBL Cannabis Group” – the recreational side of cannabis is also on the wall (in the long run I guess), MCL director Andrew speaks about it in a recent interview on TV.