Monday, April 23, 2018 10:24:44 AM
"The Board of Queensland Bauxite Limited (QBL) is delighted to announce that its subsidiary, Medical Cannabis Limited (MCL) has entered into a binding MOU with Burleigh Heads Cannabis Pty Ltd (BHC). BHC has a medical cannabis import license approved by the Office of Drug Control (ODC) and has Government approved secure storage facilities for medical cannabis products. The MOU outlines the terms where BHC will provide the import and storage facilities for MCL's international cannabis products. This deal provides MCL with immediate access to the required Australian licenses and secured storage facilities to import its CannTab pharmaceutical grade (XR) pills from CANADA.
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