Cannabiz Aus Articles Suggest Australian Companies Medlab and Melodiol Are Really Struggling

Medlab the headline says it all

Hunt for Medlab buyer drew ‘bottom feeders’

..and for Melodiol Melodiol Global Health has raised a further A$215,000 through the issue of 167 million shares”

that’s how much per share!!??

Melodiol ‘evaluating proposal’ to sell ‘various core assets’

Also some of the characters in, and tone of,  the articles in this week’s edition suggests ship jumping and incoming sharks and we haven’t even got to Australia invasion day yet.

Business as usual in the Australian medical cannabis market. then!

The reality is until there are legislative changes a few canny operators will be making a motza off recreational users pretending to need medical cannabis because they don’t have access to the more benign aspects of the black market.

Expect, as in 23, the TGA to come out with a few compliance pushes throughout the year just to keep the lid on the worst operators, the usual musical chairs at the various self appointed industry bodies who have access to mainly inneffective state and federal politicians and lots of blah blah blah.

We’re also keen to see if those two WA cannabis senators will actually get around to achieving anything this year other than junkets and semi naked calendars.

Does anybody else out there find the self-congratulatory Australian cannabis “sector” as mind-numbingly dull as I do?

Oh and answers on a postcard as to where Peter Crock will pop up this year and what appalling reports / surveys the University of Queensland can come up with in 2024

Can they match this piece of incisive research conducted last year?

I have a funny feeling they won’t find it hard to dumb it down even further.

Australia: University of Queensland Research Says Young Australians Would Use Cannabis If It Were Legal To Do So

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