Why are Australian cannabis shares APH and LGP on the rise?

• March 17, 2021 05:20 PM AEDT
• Team Kalkine Media

Source: Stereo Lights, Shutterstock Summary The Australian cannabis industry is in an infant stage and can offer several opportunities to market participants with a keen interest in this space. Developer and supplier of cannabis products, Cann...

• February 17, 2021 12:30 PM AEDT
• Team Kalkine Media

Summary ASX-listed global medicinal cannabis developer Creso Pharma has secured four new purchase orders for its leading Ritual Green product range. The cannabis player anticipates further POs that will include the recently-launched Black Mamba...

• February 10, 2021 09:43 AM AEDT
• Hina Chowdhary

Summary Althea Group completed its first shipment of medicinal cannabis oil products to Germany. The initial shipment of 2,000 units is valued at around $1 million. Under the agreement, Althea Group would be getting 50 per cent of profit from ...

• February 05, 2021 05:52 PM AEDT
• Kunal Sawhney

Summary Little Green Pharma has exported the first shipment to a German customer under a purchase agreement.  The shipment, along with other contract wins, depicts a strong momentum in the European market.  Little Green Pharma Lt...

• January 08, 2021 02:47 PM AEDT
• Team Kalkine Media

Summary US Democratic Party has secured the balance of power in US Senate. Thus, increased the chances of legalisation of cannabis and the approval of the MORE Act. The MORE Act seeks to eliminate cannabis from the US Controlled Substance Act. ...

• December 16, 2020 11:46 AM AEDT
• Hina Chowdhary

Summary TGA amended regulatory approvals to allow the OTC sale of low dose CBD. The maximum recommended dosage has also been increased from 60 mg/day to 150 mg/day. After the approval, Althea Group is all set to launch its OTC products in 2021...

• October 07, 2020 04:26 PM AEDT
• Team Kalkine Media

Before the Coronavirus pandemic swept the world off its feet giving a pretty hard hit to every industry and economy across the globe, the cannabis industry was already working and researching on the magical benefits of cannabis in the field of ther...

• September 20, 2020 01:20 AM AEST
• Team Kalkine Media

Summary The cannabis industry is a broad one and expected to grow over 14% by 2027, driven by improved legalisation and acceptance of cannabis for treating patients with chronic disease. Althea’s subsidiary Peak has achieved its Standard ...

• June 25, 2020 02:36 PM AEST
• Team Kalkine Media

Cannabis has become the most popular medical and recreational drug that produces two bioactive substances, namely Cannabidiol (CBD) and Tetrahydrocannabinol (THC), both sought by medical as well as recreational users. Cannabis, for medical purpose,...

• June 21, 2020 12:00 AM AEST
• Team Kalkine Media

Cannabis industry comprises companies that provide, support or are involved in the R&D, distribution, as well as sale of medicinal along with recreational cannabis. Cannabis has started to gain broader acceptance globally and its use has been l...