Tiu's Greenergy Holdings ventures into medical marijuana production with Australian firm acquisition

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 83%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

MANILA - Greenergy Holdings Inc said Thursday it approved the acquisition of shares in an Australian firm engaged in the production of cannabidiol or medicinal marijuana products.

Cannabidiol, used in advanced countries for pain management, anxiety disorders and other physiological conditions "has been well received in Australia and other parts of the world," the company said.

Australia's Therapeutic Goods Administration recently approved the sale of cannabidiol without prescription, Greenergy Holdings said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines