Little Green Pharma Readying For ASX

Little Green Pharma Readying For ASX

Australian medical cannabis firm Little Green Pharma’s IPO officially opened this week, and quickly reached its goal of raising $10 million. Established in 2016, Perth, Western Australia based Little Green Pharma has been a quiet achiever we’ve mentioned a few times here on Hemp Gazette. It was the first company to harvest medical cannabis for commercial use in this country, which occurred in May 2018. It was also the first Australian company to create a medicinal cannabis product for use by patients using locally grown plants. LGP’s products have reportedly been used by more than 1,400 Australian patients. Currently, the company has 3 products available. LGP Classic 20:5 THC:20mg/mL CBD:5mg/mL LGP Classic 10:10 THC:10mg/mL CBD:10mg/mL LGP Classic 1:20 THC:1mg/mL CBD:20mg/mL All are provided as a 50ml oral solution. Little Green Pharma says no pesticides are used within its cultivation facility and no undesirable substances are present in the fertilisers applied. LGP’s original seeds were sourced from one of the world’s oldest cannabis seedbanks and plants are regularly tested for heavy metal content. The company also has the wider environment in mind and is looking into sustainability options such as renewable energy generation or high-efficiency gas cogeneration systems. According to the OnMarket page concerning…

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Source : CANNANNEW REPORT
Link to original : Little Green Pharma Readying For ASX
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