If you like this story please SHARE!

  • unknown

Feeling good about medical cannabis investments

Illustration: John Shakespeare It could have once been a stretch of the imagination of Queensland Bauxite shareholders to think that they could be treated to crop updates from the Northern NSW hippie paradise of Nimbin. But the veteran gold fossicker and Queensland Bauxite executive chairman Pnina "Diamond Rose" Feldman has taken to a business founded by a former Nimbin café owner. "Excellent market positioning for the anticipated rapid economic growth in the medical cannabis sector and hemp seed food industry in Australia and globally," trumpeted an ASX announcement by Diamond Rose last week, where she disclosed Queensland Bauxite would buy 55 per cent of the Nimbin-domiciled Medical Cannabis Limited (MCL). Diamond Rose appeared particularly delighted MCL's founder and secretary of the Hemp Party Andrew Kavasilas would continue his groundbreaking research into the benefits of marijuana. The announcement noted how Kavasilas' research included a "quantitative analysis of nutrient loads and heavy metals [not bauxite] in illicit cannabis in order to give impetus to fast tracking developing cleaner safer medical cannabis products". Kavasilas, who also founded the Nimbin Furniture Gallery, meanwhile has been active lobbying for the full legalisation of the green stuff. During a visit to Canberra in February, Kavasilas even found some support from One Nation's Pauline Hanson who reportedly spoke at a rally calling for the full legalisation of marijuana. "I think we've come to the point now where we really have to start asking 'why isn't medical Cannabis legal by now?" said Kavasilas on the Hemp Party website about his trip to the nation's capital. http://www.smh.com.au/business/cbd/no-pain-with-medical-cannabis-investments-20170306-gurfal.html

Featured Posts
Recent Posts

We advise 18+ Viewers ONLY!

NOTE: The information on this site is provided as an information resource only, and is not to be used or relied on for any diagnostic or treatment purposes, and should not be used as a substitute for professional diagnosis and treatment.

Email: info@cannabisclubaustralia.com.au

We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work.

© 2013/2020 
Cannabis Club Australia. All Rights Reserved.