THC Global Group Ltd

THC Global obtains manufacturing licence for Southport cannabis facility

THC Global Group Limited (ASX:THC) chief executive officer Ken Charteris talks to Proactive Investors about receiving a medicinal cannabis manufacturing licence at its large Southport manufacturing facility on Queensland's Gold Coast.

The licence is required for the commercial production of medicinal cannabis products as well as undertaking a larger research and development (R&D) program.

“This is a major event for the medical cannabis sector in Australia and allows for formulation of a new generation of medicine,” he says.

Quick facts: THC Global Group Ltd

Price: $0.45

Market: ASX
Market Cap: $60.42 m

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Full interview: THC Global secures hydroponic greenhouses and open-fields...

THC Global Group (ASX:THC) chief executive officer Ken Charteris updates Proactive on the company’s new assets, after securing 6.6 hectares of hydroponic greenhouses and 18 hectares of open-field cultivation for medicinal cannabis. Production has already started with the company set to supply...

1 week, 6 days ago

2 min read