Australia to Allow Exportation of Cannabis Products

Vancouver, B.C.-headquartered MYM Nutraceuticals Inc. (MYM) says the announcement that Australia will remove the export ban on cannabis-based products in February 2018 bodes well for its Australian joint venture company, Solaris Nutraceuticals, which is currently in the assessment phase of the licensing process to build a 1.2 million square-foot greenhouse facility set to be the largest cannabis production facility in Australia.  MYM expects that exportation of cannabis products from Australia will be big business and could even outstrip domestic sales. The Australian government has ambitions for Australia to become the largest producer of medicinal cannabis products in the world.

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