Pnina Feldman's Queensland Bauxite Limited (ASX:QBL) has announced today that QBL is undertaking a significant transformation of the Company from a mining exploration company with a Medical Cannabis subsidiary to a new major global Cannabis player through a 100% merger of its 55% owned subsidiary, Medical Cannabis Limited and the new 100% acquisition of Medcan Australia.
The Board of Queensland Bauxite Limited (ASX:QBL) is excited to announce that the Company and its subsidiary, Medical Cannabis Limited have entered into a legally binding heads of agreement to acquire a 100% interest in Medcan Australia Pty Ltd.
MMJ PhytoTech Limited (ASX:MMJ) notes significant progress made overnight with the Canadian Federal Government's Bill C-45 (The Cannabis Act) being approved by the Senate and moving through to the final approval stage of Royal Assent.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to note the attached news release by Harvest One Cannabis Inc. (CVE:HVT) confirming that its wholly-owned subsidiary, United Greeneries, has received a Dealer's License pursuant to the Controlled Drugs and Substances Act under Health Canada.
The Board of Queensland Bauxite Limited (ASX:QBL) is delighted to announce that the ASX has approved the Company's Announcement to be released. The Company intends to release the announcement on Thursday 21 June 2018. QBL will recommence trading on the ASX following the release of the Announcement.
MMJ PhytoTech Limited (ASX:MMJ) has invested CAD$0.5 million for a 3.6% shareholding in privately-held BevCanna Enterprises Inc..
MMJ PhytoTech Limited (ASX:MMJ) notes progress made overnight with the Canadian Federal Government's Bill C-45, depicted in the link below.
