2 May 2017
Australian Business Insider reports
An organic tea tree farm in New South Wales has received a $1.49 million investment to help develop medical cannabis honey.
Jenbrook supplies raw tea tree oil and honey products to the US through Naturally Aust Product. Next month, it’s expected to hit $1.6m annualised monthly revenue, a 100% increase from June 2016.
The company has also been exploring a medical hemp honey, produced by bees pollinating on the nectar of medicinal cannabis plants. It’s working with Southern Cross University on research into its health benefits. EVE Investments has kicked in the $1.49 million to help get the product to market.