SYDNEY, Australia, Jan 5., 2018 /Weed Wire/ — The Hydroponics Company Limited (THC) welcomes the announcement from Health Minister Greg Hunt allowing for the exportation of medicinal cannabis.
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Australia said on Thursday it planned to become the fourth country in the world to legalise medicinal marijuana exports in a bid to score a piece of the estimated $55 billion global market.
There has been a cannabis shipment in Australia, as Canada legally imported medicinal cannabis to Melbourne and Perth.
It certainly has been a great day for pot stocks on the ASX. This morning Federal Health Minister Greg Hunt announced that the government would allow medical marijuana companies to distribute cannabis oils and medications in Australia within the next couple of months.