Treasury Wines Estates sends COO packing

Treasury Estates Wines (ASX: TEW) the maker of Australia’s most prestigious wines has announced the sudden departure of its chief operating officer for unspecified ‘breaches’ of company policies. The company, which makes Grange hermitage, Wolf Blass, Lindeman’s and Rosemount wines announced yesterday that Robert Foyle had ‘left the company’. This was “…effective immediately, due to…

Australia moves to secure UK trade

Trade minister, Simon Birmingham has reached agreement with the United Kingdom to secure Australian export trade for products should Britain depart the European Union without a comprehensive Brexit agreement. Senator Birmingham announced that current EU arrangements would continue to apply to Australian exports to the UK post-Brexit. “This will mean Australian exporters can continue to…

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.…