Impression Healthcare wins right to sell medical cannabis products

Local manufacturer Impression Healthcare (ASX: IHL) has received the required licenses to allow it to make and sell medical cannabis products in Australia. The company announced today it had received licenses from the Victorian Department of Health to sell products containing four scheduled cannabinoid substances. The approvals cover cannabis, cannabidiol (CBD), tetrahydrocannabinols (THC) and dronabinol.…

LiDAR systems manufacturer raises $45 million

Sydney autonomous vehicle technology business, Baraja, has secured $45 million in Series A venture capital to fund development of its LiDAR navigation systems for driverless vehicles. Raised from Sequoia China, Blackbird Ventures, and Main Sequence Ventures, this adds to seed funding raised in 2016 which also included Blackbird among its investors. Baraja launched its Spectrum-Scan…