Australia's biggest medicinal marijuana farm to be built in Queensland's conservative garden city
Two medicinal marijuana companies have fast-tracked plans to build a large cannabis farm in the conservative heartland of Queensland.
Key points:
The farm will produce 500 tonnes of medicinal marijuana a year
A merger of two companies has fast-tracked construction plans
Domestic and international demand for cannabanoid medicines are rising
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Construction of the facility on the outskirts of Toowoomba is set to begin within six months and will produce 500 tonnes of marijuana a year with an export value of more than $1 billion.
A merger of Australian-owned Australian Natural Therapeutics Group (ANTG) and Canadian-owned Asterion Cannabis Inc has hastened construction plans by up to two years, according to ANTG chief executive Matt Cantelo.
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