Australia: Board of Auscann (Australian Medical Cannabis) Provides Good Illustration Of Who’ll Be Running That Country’s MMR Industry

7 November 2016

Here’s their About Us blurb…

WE BELIEVE AUSTRALIAN PATIENTS HAVE THE RIGHT TO ACCESS HIGH QUALITY, COST EFFECTIVE, CANNABINOID MEDICINES.

QUALITY CONTROL IS OUR NO.1 PRIORITY

ENSURING ‘GOOD MANUFACTURING PRACTICES’, WE ARE COMMITTED TO SUPPLYING OUR CLIENTS WITH A CONSISTENT & RELIABLE SOURCE OF HIGH-QUALITY MEDICINAL CANNABIS.

AUSCANN BRINGS TOGETHER A STRONG TEAM WITH RELEVANT & COMPLEMENTARY SKILL-SETS, EXPERIENCE AND NETWORKS.

What interests us though, is the make up of their board.

Looking at the individual members backgrounds it quickly identifies the type of individuals and companies that are going to flourish in the “legal” Australian environment

We have an ex member of Federal Parliament,an ex Clayton Utz lawyer who also worked in media & communication for a Federal MP ( and now also manages a wine business),the standard financial services bod, a funds manager or two.

The message, we’d suggest is clear.

The industry that is being built in Australia  is only for individuals with “credible” political and financial connections.

A shame, as we believe in terms of job creation , education and more  this will not be the way to build a flourishing industry on a range  levels that could earn the country  revenue throughout the region. The industry is being concentrated in the hands of a few with defined business practices and revenue models. It won’t allow for invention.

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