Harvest has started across the Riverina earlier than usual thanks to a great growing season with warmer than average temperatures. We are on track to achieve our forecast of a 600,000 tonne crop and from my early harvest experience I believe we can all expect excellent yields.
MMJ PhytoTech Limited (ASX:MMJ) notes the attached news release by Harvest One Cannabis Inc. (CVE:HVT) confirming that Harvest One has mandatorily converted its convertible debentures into common stock. As a result, MMJ's current shareholding of 53.33 million common shares in Harvest One represents approximately 34.4% of their total outstanding shares.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to announce that Cannabis Wheaton Income Corp (CVE:CBW) has entered into a definitive acquisition agreement to acquire all of the outstanding securities of Dosecann Inc for an aggregate amount up to CAD$38 million, payable in Cannabis Wheaton common shares.
The board of Queensland Bauxite Limited (ASX:QBL) is pleased to update the market on developments in the drug development strategy for its subsidiary, Medical Cannabis Limited. MCL, in conjunction with Certara, a pharmaceutical consulting firm, have developed a drug development strategy for the distribution of Canntab XR medication in the Australian market.
MMJ PhytoTech Limited (ASX:MMJ) is pleased to announce the appointment of Jim Hallam as Chief Financial Officer of MMJ effective on 3 April 2018.
The Board of Queensland Bauxite (ASX:QBL) is pleased to advise that it has cleared the company's outstanding debt by way of share issue.
The Directors present their report on Queensland Bauxite Limited, consisting of Queensland Bauxite Limited (ASX:QBL) and the entities it controlled at the end of or during the half-year ended 31 December 2017.
