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.…

Latrobe Magnesium protects its technology

Latrobe Magnesium (ASX: LMG) which is developing a project to produce magnesium metal in Victoria’s La Trobe Valley has extended protection for its unique technology with the granting of a patent in India. The patent, which adds to protection in Australia, the US, EU, China and Indonesia, protects the company’s 100 per cent owned electrolytic…

Leigh Creek raises $5 million to develop chemicals potential

Leigh Creek Energy (ASX: LCK) company will raise $5.1 million through a rights issue and placement to fund development of chemicals processing opportunities in South Australia. The company said in a statement that its in situ coal gasification demonstration plant at the former Leigh Creek coal fields has notched up 13 days continuous production of…