We can’t tell you much as the report is behind a paywall but it suggests to us that the cosy nexus of “medical” cannabis companies , the former liberal government and the TGA has been completely severed which we hasten to add is a very positive development in terms of getting long term clarity over medical cannabis in Australia and exactly what that means.
In terms of the medical cannabis that are listed we presume this will mean a further correction of share prices
And yet again let’s hope the Greens have progress with the labor government with regard to a sensible legalization process so that Australian can really start to make a proper distinction as to what the medical cannabis industry really is.
Cannabiz write by way of introduction
Several cannabis firms under ‘active investigation’ as TGA pledges to maintain tough stance on industry
Report at https://www.cannabiz.com.au/several-cannabis-firms-under-active-investigation-as-tga-pledges-to-maintain-tough-stance-on-industry/?utm_medium=email&utm_campaign=Cannabiz%20newsletter%20131022&utm_content=Cannabiz%20newsletter%20131022+CID_3a7447de857d56c3fa75d3b5b1c59c44&utm_source=CampaignMonitor&utm_term=Read%20more