Final WEED Manufacture Licence Secured, all green light to

New Post Public Reply Private Reply Replies (0) Message Board
Ulf53
295
Final WEED Manufacture Licence Secured, all green light to go.


Office of Drug Control Manufacture Licence Secured
Sydney, Oct 10, 2018 AEST (ABN Newswire) - The Board of Queensland Bauxite Limited (ASX:QBL) (or "the company" is pleased to announce that its soon to be wholly owned subsidiary, Medcan Australia, has secured a Medical Cannabis Manufacture Licence under the ODC (Office of Drug Control).

This licence will allow Medcan, subject to individual permit issue, the ability to manufacture its range of products, including but not limited to:

- Dried flower finished products

- Full extract oils

- Tinctures

- Capsules

- Medicinal cannabis products manufactured in Australia 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 Contract manufacture of other licenced producers' products

Medcan Australia's CEO, Craig Cochran commented, "We are extremely happy to secure our Manufacture Licence. This is the last ODC (Office of Drug Control) licence required for us to complete our vertically integrated business model".

Medcan has also secured a QLD Health Licence allowing for the storage of Schedule 9 substances, including Cannabis Seeds; and a DAWR Permit (Department of Agriculture and Water Resources Permit) allowing for the importation of plant materials, specifically cannabis seeds.

Medcan currently holds the following valuable ODC, Federal & State licenses:

o ODC Medical Cannabis Cultivation and Production Licence

o ODC Import Licence

o ODC Medical Cannabis Manufacture Licence

o ODC Export Licence

o DAWR (Department of Agriculture and Water Resources) Permit

o QLD Health Licence - Schedule 9 Substances

Pnina Feldman, Executive Chairperson of QBL said, "We are very pleased that Medcan has secured this valuable manufacture licence thus ensuring the continuing development of our Medical Cannabis project in Australia and finally completing the company's second fully vertically integrated business model, in the nutritional and medical Cannabis industries. The Medcan team continue to impress us with their professionalism and expertise, and being one of the only MM companies now in Australia to have secured all these valuable ODC Medical Cannabis licences. We look forward to working together, with our International network of experienced and dedicated team members, who will continue to build on these achievements to create shareholder wealth."

About Queensland Bauxite Ltd

Queensland Bauxite Limited (ASX:QBL) is an Australian listed company focused on the exploration and development of its bauxite tenements in Queensland and New South Wales. The Company's lead project is the South Johnstone Bauxite Deposit in northern Queensland which has rail running through the project area and is approximately 15-24 kilometres from the nearest deep water port. The Company intends to become a bauxite producer with a focus on commencing production at South Johnstone as early as possible. The Company also pursues additional investment opportunities, and has agreed to acquire a 100% shareholding in Medical Cannabis Limited, an Australian leader in the hemp and Cannabis industries, and a 100% shareholding in Medcan Australia Pty Ltd, a company with an ODC cultivation and production License and a DA approved Cannabis production and manufacturing facility.

https://www.queenslandbauxite.com/

(CANN GLOBAL new name)

Contact
Queensland Bauxite Ltd
Tel: +61-2-9291-9000

For further information or any queries please email the Company at:
sfeldman@queenslandbauxite.com.au


Read More: https://investorshangout.com/post/view?id=524...z5UqYDFi5x

Robert
Scroll down for more posts ▼

Top 10 Most Recent News Articles

ROKFORM’s Signal Card: A Wallet Tracker for All

Updated Category News Views 8

The Gadget You Didn't Know You Needed Ever feel that momentary panic when your wallet seems to have vanished into thin air? ROKFORM's fresh offering, the Signal Card, tackles that heart-stopping moment head-on. They've taken the mundane act of misplacing your wallet and transformed it with their sleek, credit-card-sized tracker. This baby pairs seamlessly with Apple Find...

Continue Reading
Epic Political Thriller Explores Humanity's Future

Updated Category News Views 5

Adams' Provocative Debut Asks Timeless Questions Sometimes life throws a philosophical curveball, and that's exactly what John C. Adams has done with his debut novel, The Third Phase. This isn't your average political yarn—it's an intricate tapestry intertwining political intrigue, deep spiritual inquiry, and hearty doses of classic philosophy. A Whirlwind Journey...

Continue Reading
Cala Launches Game-Changer Wearable for Tremor Relief

Updated Category News Views 10

Breaking New Ground in Neuromodulation Medical tech's on a roll, and Cala Health just hopped on the fast track with their latest launch—the Cala kIQ Plus System. This bad boy is aiming to offer relief for those grappling with hand tremors, thanks to its FDA clearance and a host of new features. It's the first of its kind, combining multiple therapy modes with an...

Continue Reading
Charter Next Generation Unveils Gen 2 MDO-PE Films

Updated Category News Views 9

Peering Into CNG's Latest Innovation Charter Next Generation (CNG) just threw down a hefty gauntlet with its launch of next-gen machine-direction-oriented polyethylene (MDO-PE) solutions. They're pushing the envelope on what recycle-ready packaging can do, folks. Let's not mince words—other players in the field better have their game faces on. This ain't just another...

Continue Reading
Dentistry.One Achieves HITRUST i1, Boosts Cybertrust

Updated Category News Views 7

HITRUST i1 Certification: The Gold Standard in Security For a world increasingly reliant on digital infrastructure, cybersecurity certification is no longer just a badge of honor; it's a cornerstone of trust. Dentistry.One nailed this down by bagging that coveted HITRUST i1 certification. When folks talk about securing data, HITRUST might as well be speaking gospel. We're...

Continue Reading
TA Services Strengthens U.S.-Mexico Freight Operations

Updated Category News Views 10

TA Services Moves Boldly Across Borders If ever there was a time to play the logistics chessboard like a champ, it's now, and TA Services just slammed the board with a solid move. They've grabbed Carmen Pacheco Transportation and Interload Forwarding, two family-run operations with some real muscle in North American logistics. This isn't a small-time maneuver; they've...

Continue Reading
Skandia's Soundproofing Kit Expands to Brazil's Skies

Updated Category News Views 7

Soundproofing Takes Off in Brazil Skandia has just pulled off a neat trick, earning the nod from Brazil's National Civil Aviation Agency (ANAC) for their King Air soundproofing kit. That means quieter skies ahead for operators of the King Air 200 and 300 series in Brazil. This is no small feat, folks; it's like finally getting that coveted backstage pass after years of...

Continue Reading
Community Banks Missing $106B Lending Opportunity?

Updated Category News Views 13

A Missed Opportunity for Community Banks It's a classic tale: community banks sleepwalking while big players snatch up low-hanging fruit right in their own backyards. According to the latest report by Cornerstone Advisors, commissioned by Teslar Software, these banks are essentially leaving $106 billion on the table when it comes to consumer lending. That's not just chump...

Continue Reading
Pushing for National Liver Cancer Awareness in 2026

Updated Category News Views 10

The Urgency of Liver Cancer Awareness Death doesn’t wait, does it? When liver cancer is the villain in question, every moment becomes precious because this beast doesn’t roar until it’s too late. Here we are in 2026, staring at nearly 31,000 annual deaths in the U.S. alone. But hope flickers with a new congressional resolution aiming to slap a bright spotlight on...

Continue Reading
IWP and VYRE Unveil 'The Plug' for VBNGtv Content

Updated Category News Views 13

Bringing Capital and Content Under One Roof There's something in the air as Itibari-Waynne & Partners (IWP) team up with the VYRE Network to crank out a fresh slate of content for VYRE Business News Global (VBNGtv). This partnership ain't just another splash in the buzzy world of digital media; it's like merging Wall Street with Hollywood. IWP, prepping to go full...

Continue Reading

Top 5 Most Recently Viewed Articles

Team Inc. Enhances Financial Stability with Credit Facility Update

Updated Category News Views 64

Team, Inc. (NYSE: TISI) made waves back in 2024 with a major shakeup of its asset-based lending (ABL) credit facility, aiming to shore up its financial footing in the specialized industrial services arena. The revised deal with Eclipse Business Capital LLC meant extending the maturity date for loans from an earlier deadline to September 30, 2027, which was crucial for...

Continue Reading
Global Markets Seek Stability Amid Shifting Economic Trends

Updated Category News Views 263

Market Overview: Navigating Uncertainty in Global Stocks Today's overview of European and global markets reflects an interesting dynamic, characterized by fluctuating stock prices. While investors are adjusting to the challenges of the new year, the strength of the U.S. dollar seems to be the one constant amidst all the uncertainties. U.S. Rates: The Dollar's Unwavering...

Continue Reading
Reddit Inc. Reports Impressive Quarterly Growth and Profitability

Updated Category News Views 185

Reddit Inc. Thrives with Strong Quarterly Financial Results Reddit Inc (NYSE: RDDT) recently announced remarkable results for its third quarter, impressing investors with a surge in its shares of over 17% during after-hours trading. The company has not only exceeded expectations but has laid out a promising guidance reflecting its robust growth. Financial Performance...

Continue Reading
Ecovyst to Share Insights at Annual Best Ideas Conference

Updated Category News Views 81

Ecovyst to Share Insights at the Best Ideas Conference Ecovyst Inc. (NYSE: ECVT), a leader in advanced materials and specialty catalysts, will present at the Best Ideas Conference, offering a clear look at where the business is headed. The program will feature remarks from key company executives and is designed to give attendees practical takeaways rather than high-level...

Continue Reading
G7 Blueprint: Peacebuilders Seek to Break the Gridlock

Updated Category News Views 9

Unveiling a Unified Front at the G7 Summit When the world's powerbrokers gather at the G7 summit, you expect plenty of suits and more promises than action. But this time, there's a twist as Israeli and Palestinian civil society leaders have waded into the fray with 'The Paris Call 2026' as their weapon. The Pre-Summit Storm Before the main event kicked off in Évian,...

Continue Reading