MARIJUANA – THERAPEUTIC USE – AUSTRALIA

Rich Lister hemp campaigner backs Abbott

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Original article by Carrie LaFrenz
The Australian Financial Review – Page: 9 : 23-Apr-19

Barry Lambert, the chairman and biggest shareholder of hemp company Ecofibre, is urging voters in the seat of Warringah to re-elect former prime minister Tony Abbott. Lambert is keen to get medical cannabis legalised, and he says Abbott has been supportive of his campaign. Lambert has urged Labor leader Bill Shorten to legalise hemp extract for medical purposes if he wins the election; Lambert also says Shorten should exempt existing investors from Labor’s proposed franking credit reforms.

CORPORATES
ECOFIBRE INDUSTRIES LIMITED, AUSTRALIAN LABOR PARTY, THOMAS JEFFERSON UNIVERSITY, COUNT FINANCIAL LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, ONE NATION PARTY

A massive majority of Australians support the legalisation of medicinal marijuana

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 26-Oct-15

A special Roy Morgan telephone survey has found that 91 per cent of Australians aged 14+ believe the use of marijuana for medicinal purposes should be made legal. The survey, which was carried out from 20-22 October 2015, also shows that 94 per cent of Australians aged 50-64 and 94 per cent of those aged 65+ believe that medicinal marijuana should be legalised. Support for legalisation is similarly strong among Australians intending to vote for the L-NP (92 per cent) in the next federal election and those planning to vote for the ALP (94 per cent), and almost unanimous among Green voters (97 per cent). Roy Morgan Research CEO Michele Levine notes that the survey found that only one-third of Australians believes that the smoking of marijuana should be made legal. This demonstrates that Australians understand that smoking and consuming marijuana for medicinal purposes are two very separate issues.

CORPORATES
ROY MORGAN RESEARCH LIMITED, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS, WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET

Trading frenzy over pot stock

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Original article by Patrick Durkin
The Australian Financial Review – Page: 3 : 23-Jan-15

Shares in PhytoTech Medical closed at $A0.42 on 22 January 2015, after being issued at $A0.20 apiece in a $A5.9m IPO. Some 13 million shares in the group changed hands. PhytoTech will specialise in growing marijuana for medical use and the supply of medical devices for administering legal cannabis. Adam Blumenthal notes that the global medical cannabis industry is worth $A100bn at present

CORPORATES
PHYTOTECH MEDICAL LIMITED – ASX PYL, BBY LIMITED, GW PHARMACEUTICALS PLC, LONDON STOCK EXCHANGE, ASX LIMITED – ASX ASX, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION