WEED Import Licence secured - ODC Export Licence secured
WEED Import Licence secured - ODC Export Licence secured Queensland Bauxite Limited is delighted to announce that Medcan (“Medcan”), has now been issued with both an Import & Export Licence under the ODC (Office of Drug Control).
These licences now allow Medcan, subject to individual permit issue, the ability to capitalise on the significant international and local opportunities by both importing and exporting a wide range of Cannabis products including, but not limited to: -Cultivars -Dried flower finished products -Full extract oil and tinctures finished products -Medicinal cannabis products manufactured in under a GMP Licence -Medicinal cannabis products listed as export-only or registered in the ARTG -Extracts of cannabis (or cannabis resin) manufactured under a Narcotic Drugs Act 1967 Licence that are not in the final dosage form -The Canntab XR Pills produced in Canada As previously announced, QBL has entered into an agreement to acquire 100% of Medcan.
Medcan CEO, Craig Cochran commented “We are extremely happy to add the import and export licences to our current suite of licences. This brings Medcan Australia another step closer to our vision of providing patient specific Medicinal Cannabis products to the people that need them most. It also allows us the ability to capitalise on various opportunities in the international market immediately.”
Pnina Feldman, Executive Chairperson of QBL stated “We are very pleased to see the continued development of Medcan during this interim period. We continue to be impressed with the knowledge and professionalism of the Medcan team to have been one of the very few in the country to have achieved the granting of all these valuable licences. We are confident that Medcan, together with our international network and dedicated and experienced team, will immediately be able to build on these achievements in the short term to create much shareholder wealth.”
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. Now QBL states; ”QBL Cannabis Group” – the recreational side of cannabis is also on the wall, MCL director Andrew speaks about it in a recent interview on television.
https://www.queenslandbauxite.com/
Robert
Scroll down for more posts ▼
Top 10 Most Recent News Articles
The Day After a Facial Is Just as Crucial If you’re thinking a facial ends when you walk out of the spa, you’re dead wrong. Valen Perez, the driving force behind Picture Perfect Esthetics LLC in Fayetteville, NC, breaks it down in HelloNation: the glow-wielding magic of a facial needs the right follow-up to really shine. You spend that cash on a pro facial, but...
Continue Reading
Investors' Trust on Shaky Grounds There it is, staring right back at investors: a securities fraud class action lawsuit against Aardvark Therapeutics. Not exactly the news a shareholder wants to digest over breakfast. If you’ve got skin in the game with Aardvark Therapeutics (NASDAQ: AARD), you might wanna keep reading. Hagens Berman Sobol Shapiro LLP, a name that's no...
Continue Reading
Revamping Streetwear with PLAY Palm Angels and Pacsun In a move that's making waves from the fashion runways straight into the heart of youth culture, PLAY Palm Angels is swooping into Pacsun, and they’re not just strolling in—they’re parading with a 41-piece fashion collection. Not to mention, they've snagged Avani Gregg, a powerhouse cultural influencer, to strut...
Continue Reading
A Political Shake-Up in Florida On a seemingly regular day in New Smyrna Beach, Frank Russo, the independent candidate for governor, decided to toss a wrench into Florida's political machine. By naming Rachel Rodriguez as his running mate, he's forging a new path that challenges entrenched party norms. This Russo-Rodriguez ticket is stirring the political pot,...
Continue Reading
Shifting Gears: Gan & Lee's Major European Play Picture it—Asian biopharma juggernaut Gan & Lee Pharmaceuticals is hitching a ride with Europe's Menarini Group to take its flagship, bofanglutide, across the vast European market. It's a move that's got shades of grand ambition, colorful strategy, and not a small sum riding on its success. Cracking the Metabolic Code The...
Continue Reading
A Needle in High Demand There's no beating around the bush: we're staring at a breast biopsy needle shortage that's tossing the healthcare sector into a tizzy. It’s a sterner cocktail when you think that the procedure's delay isn't just a procedural hiccup. It’s a nerve-wracking limbo for patients teetering on the edge of a potential cancer diagnosis. That's where...
Continue Reading
United Imaging's Big Leap in CT Technology Listen up, folks. United Imaging just got the go-ahead to shake things up in Europe with their dual wide-coverage CT family. We're talking about the uCT SiriuX and the even more amped-up uCT SiriuX Ultrix. They’ve snagged the CE mark, a passport to roll out these impressive machines across the continent. Revolutionizing...
Continue Reading
Moving Pieces in the Automotive Puzzle Here's one for the books, folks. Automotive dealership chessboard gets another shuffle. Scott Gruwell, the big wheel behind Courtesy Automotive Group, has snatched up Watson Chevrolet and Infiniti of Tucson. Just one more notch in someone's power belt—operations now rolling under new banners as Courtesy Chevrolet and Courtesy...
Continue Reading
Emerging Energy Challenges in the MEA Region Out here in the Middle East and Africa, the energy landscape isn't a lazy river. It's more like white-water rapids, with oil and gas on one bank and the surge of renewables on the other. At the 2026 Middle East Energy showcase, Daqo put everyone on notice with a portfolio that aims to ride those waves—no life vests needed....
Continue Reading
King Risk Partners Grows with New Jersey Acquisition You don't get far in the insurance game without making some bold moves, and King Risk Partners just made a big one—sweeping into New Jersey. They've snagged Conover Beyer Associates Insurance, a firm that's been around longer than some European countries. It's not every day you buy a piece of history, but that's...
Continue Reading
Top 5 Most Recently Viewed Articles
Unveiling Stifel Financial's Growth Over Two Decades Stifel Financial has remarkably outperformed market averages over the past 20 years with an annualized return of 14.75%. This equates to a 6.13% advantage over the market, making it a noteworthy contender in the financial sector. With a current market capitalization anchored at a robust $11.78 billion, Stifel continues...
Continue Reading
Innovative Insights at The Market Research Event EL SEGUNDO, Calif. — Prodege, a top provider of consumer insights for major brands, is set to unveil two cutting-edge case studies at The Market Research Event (TMRE) in Orlando. This event will showcase how Prodege leverages its innovative solutions to help brands such as Procter & Gamble and Panera Bread redefine their...
Continue Reading
Government Officials to Unveil Housing Initiative Media representatives are invited to attend a significant announcement regarding housing, led by notable officials including the Honourable Steven Guilbeault, Minister of Environment and Climate Change. He will be joined by Benoit Dorais, the borough mayor for Le Sud-Ouest, and Valérie Plante, the mayor of Montréal. This...
Continue Reading
Musk's Perspective on Stock Investment Recently, Elon Musk, the CEO of Tesla Inc., SpaceX, and xAI, shared his thoughts on stock investments during an insightful podcast with Nikhil Kamath, a co-founder of Zerodha. Musk stated, "I don't really buy stocks… I don't have a portfolio or anything. I don’t look for things to invest in. I just try to build things,"...
Continue Reading
High Tide Reports Third Quarter 2024 Financial Results High Tide Inc. (`NASDAQ: HITI`) has announced its eagerly awaited financial results for the third quarter of 2024, highlighting impressive achievements and notable growth in the cannabis retail industry. The company saw record revenue of $131.7 million, representing a 6% increase from the same period last year. High...
Continue Reading