Murdoch University has partnered with a Perth company which plans to use cannabis as a medicinal product, a day after scientists from the University of Western Australia said cannabis use could damage a person's DNA.
Shares in TW Holdings slumped sharply today after it announced a backdoor listing of medical cannabis company AusCann Group Holdings, the second deal of this type involving members of the Washer family.
Oil and gas entrepreneur Peter Allchurch is set to become a major shareholder in Perth company TW Holdings after striking a deal to sell a Texas shale oil project to the listed company.