28/04/2016 - 06:40

New European cannabis license for MGC Pharma

28/04/2016 - 06:40

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ASX listed medical cannabis company MGC Pharma has spread its wings into the Czech Republic after inking a deal to acquire Panax Pharma, a company that holds a medical cannabis breeding license in that country. Most licenses restrict the amount of THC in the plant however Panax comes with a license that is considerably more generous with regard to THC, potentially opening up new opportunities for MGC Pharma.

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