By this stage we have given up commenting on why these companies need federal govt support to build companies that will overcharge Australian patients and build export markets. We presume somewhere in the mix there must be some liberal party donors amongst their shareholders
Another one from Cannabiz.
MediPharm Labs Australia has won a A$466,577 grant from the federal government in round two of its Manufacturing Modernisation Fund (MMF) allocation.
The Victorian company will put the funds towards a ~$1.9m upgrade of its Wonthaggi production facility with new technology enabling it to increase production and purity of its medicinal cannabis products.
Current operations have been focused on purified cannabis API development which includes raw material extraction and cannabis oil purification.
With an increasing number of customers both domestically and internationally, MediPharm said it needs to increase its throughput of finished goods manufacturing.
On top of the current orders for finished products, MediPharm is about to launch its soft gel cap line and is also exploring GMP vapes and topicals.
Read more. https://www.cannabiz.com.au/medipharm-labs-wins-467k-grant-from-federal-government/?utm_medium=email&utm_campaign=Cannabiz%20newsletter%201721&utm_content=Cannabiz%20newsletter%201721+CID_56596a333b549e1c2127e748cc9b3982&utm_source=CampaignMonitor&utm_term=READ%20MORE