Australia: Victoria’s ARC MedAg Hub Officially Launched

Australia: Victoria’s ARC MedAg Hub Officially Launched

A major medicinal agriculture research hub with a special focus on medical cannabis was officially launched in the Australian state of Victoria last week. Situated at La Trobe University, the facility seeks to optimise production of active components in medicinal plants and identify their potential mode of action in various diseases. “We need to better understand which cannabis extract components are active in reducing clinical symptoms of disease,” said Hub Director, Professor Tony Bacic. “We also need to understand factors leading to better production outcomes for key active components of medicinal cannabis.” The Australian Research Council Industry Transformation Research Hub for Medicinal Agriculture, or ARC MedAg Hub for short, includes among its industry partners medical cannabis company Cann Group Limited (ASX: CAN), which is working with the facility in the study of how active components of cannabis plants respond under various environmental conditions Victorian Minister for Education Dan Tehan officially opened ARC MedAg Hub last Friday. “Research conducted here will assist primary producers and manufacturers to use the latest technologies to optimise their production as well as help train the specialised workforce needed to underpin Australia’s developing medicinal agriculture industry,” said Minister Tehan. The  $24+ million initiative, which was originally established in 2018, has…

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Source : CANNANNEW REPORT
Link to original : Australia: Victoria’s ARC MedAg Hub Officially Launched
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