Health Weed Week: Australian medical cannabis prescriptions are soaring
Australia's biggest medicinal marijuana farm to be built in Queensland's conservative garden city
A proposed marijuana farm will process 500 tonnes of medicinal cannabis a year for domestic and overseas markets and will have an export value of more than $1 billion. A merger of Australian-owned Australian Natural Therapeutics Group (ANTG) and Canadian-owned Asterion Cannabis Inc has hastened construction plans by up to two years, according to ANTG chief executive Matt Cantelo."We see Australia becoming the global leader in medicinal cannabis production," Mr Cantelo said.European export opportunityThe $400-million facility will focus on the growth, manufacturing and research of medicinal products.
The number of medical cannabis prescriptions issued under Australia’s special access scheme just keeps on growing.
There were a record 9,959 SAS Category B marijuana prescriptions issued in March, two and a half times the number from a year ago, Australia’s Therapeutic Goods Administration disclosed this week.
February’s 8,057 approvals were the previous record. There had been an average of 5,000 prescriptions issued in the previous 12 months.
Since the medical marijuana access scheme was implemented in 2016 there have now been over 100,000 prescriptions issued to an unknown number of patients. (The TGA says it receives de-identified applications and can’t match them to individual patients.)
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Far along South Australia’s Jubilee Highway at Mount Gambier near the border with Victoria is a natural wonder — the Read More The post ASX Small Cap Lunch Wrap: Today’s high flyers and sinking ships appeared first on Stockhead.
These figures don’t even include prescriptions written by “authorised prescribers” who often prescribe a high volume of cannabis and don’t have to seek TGA approval for each individual script.
As of the end of February, there were 215 “authorised prescribers”, up from 179 at the start of the year and just 29 in December 2019.
Under the TGA’s rules patients can access marijuana to treat cancer and non-cancer pain; anorexia and wasting associated with chronic illness; chemotherapy-induced nauseua; and other conditions.
Elsewhere this week, in North America, a legalisation bill advanced in the US state of Connecticut as well as in Mexico.
Meanwhile, of the 36 companies in the ASX cannabis sector, 15 gained ground over the past week and 11 lost it.
Oh là là, The Internet’s Favourite French Makeup Artist, Violette, Has Launched A Beauty Brand
French makeup artist Violette has launched her namesake makeup brand, and it sounds incredible. In the first collection, French-Girl beauty fans can find ... After taking the internet by storm, Parisian makeup artist, Violette Serrat, has finally launched her own makeup brand, after creating looks for iconic magazine editorials and serving as creative director for brands like Dior and Esteé Lauder, of course.
The biggest gainer was, up 16.7 per cent to 0.7c on no news.
has been the best performer year-to-date, up 180 per cent to 7c.
|Code||Name||Price||%Wk||YTD % return||6 month % Ret||Market Cap|
|AC8||Auscann Grp Hlgs||13.5||-3.6||-6||-6.7||$61,676,595|
|ECS||ECS Botanics Holding||5.1||4.1||1.2||117.4||$29,507,665|
|LGP||Little Green Pharma||72.5||3.6||16||151.7||$95,932,737|
|MMJ||MMJ Group Hlds||11||-4.3||-1.5||27.8||$25,294,938|
|MRG||Murray River Grp||24.5||-7.5||-30.5||-57.4||$11,028,786|
|WOA||Wide Open Agricultur||72.5||4.3||-16.5||-27.6||$65,806,600|
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Kylie Jenner donates $500,000 to Monroe Carell Jr. Children's Hospital .
Kylie Jenner was recently the target of backlash after she was accused of not donating 'enough' to a GoFundMe supporting her injured former makeup artist. But the KUWTK star, 23, may have just silenced her critics as it was revealed Wednesday she donated $500,000 to Monroe Carell Jr. Children's Hospital at Vanderbilt located in Nashville, Tennessee.Jenner's hefty donation, as well as monetary assistance given by Roger Daltrey and Pete Townshend's Teen Cancer America, went towards the construction of a patient space, called the 'Hey, I'm Here For You Teen Lounge.