Connect with us

Hi, what are you looking for?

World

Loophole Allows Australian Medical Pot Company to Grow Weed on an Island

Australian medical pot company AusCann Group Holdings is manipulating a legal loophole that could enable the weed firm to grow up to ten tonnes (1.10 U.S. tons) of medicinal marijuana on nearby Norfolk Island, located in the Pacific Ocean between Oz, New Zealand and New Caledonia.

Though cannabis is prohibited in Australia, Norfolk’s administration is self-governing and can grant a license for the legal cultivation and exportation of cannabis.

AusCann chairman Mal Washer told the Australian Associated Press that although his company must still receive final approval from the administrator of Norfolk Island, he is optimistic that such sanction will be forthcoming.

AusCann plans to grow anywhere from one to ten tonnes of medi-pot to be exported to Canada—where medical marijuana is legal—because the country has experienced difficulties providing sufficient and efficacious medicinal weed to its own citizens.

Norfolk Island was selected as an ideal ganja grow site due to its climate and off-shore locale, though a security firm has been contracted to solidify protection of the cannabis gardens. An ancillary benefit for the Norfolk community would be an increase in both employment and generated revenue through export fees.

Upon Norfolk administration approval, AusCann is scheduled to deliver their first shipment of medicinal marijuana to Canada in 2016.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

HT Newsletter

Subscribe for exclusive access to deals, free giveaways and more!

Thank you for subscribing.

Something went wrong.

Advertisement

You May Also Like

Women

For International Women’s Day, they open up about the unique challenges they face in the industry.

Business

The 4th Annual Cannabis World Congress & Business Expo in Los Angeles kicks off this week. The three-day event runs from September 13 through...

Business

On a recent evening at the Cannabis Feminist Circle in Marina del Rey, a group of about 15 women, mostly in their late 20s and...

News

When estimating the size of the marijuana industry and its stupendous growth, it’s always a measure of billions—as in how many billions of dollars...

Women

Ah Warner, founder and CEO of Cannabis Basics, made history this year. For the first time ever, the United States Patent Trade Office (USPTO)...

Legalization

In an effort to combat the villainous clutches of the alcohol and tobacco lobbies that have been stroking the system for decades to keep...

Edibles

As the stigma surrounding cannabis use begins to fade, more culinary professionals are jumping in to the edibles industry. Top Chef winner Hosea Rosenberg is pairing...

Business

JUNEAU, Alaska (AP) — The board tasked with writing rules for Alaska’s recreational marijuana industry backtracked Tuesday and adopted stricter residency requirements for applicants...

Do NOT follow this link or you will be banned from the site!