THC Global Group Limited (ASX:THC) Granted Cannabis Manufacture LicencePosted by On


Granted Cannabis Manufacture Licence
Granted Cannabis Manufacture Licence

Sydney, June 13, 2019 AEST (ABN Newswire) – THC Global Group Limited (THC Global or the Company) (ASX:THC) (OTCMKTS:HDRPF) is pleased to advise that THC Global, through its wholly owned subsidiary Canndeo Limited, has been granted a Manufacture Licence for the production of extracts and tinctures of cannabis and cannabis resin from the Australian Office of Drug Control.

Key Points:

– THC Global granted Manufacture Licence for production of extracts and tinctures of cannabis and cannabis resin

– Completion of the ‘Farm to Pharma’ vertical integration model

– THC Global now holder of all three cannabis licences within Australia – Cannabis Research Licence, Medicinal Cannabis Licence, and Manufacture Licence in addition to export licence

– Pathway for development of a new generation of proprietary medicinal cannabis products

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