A significant milestone has now been reached in Australia that has a major positive impact on the potential business, cashflow and profitability for Queensland Bauxite's investment in Medical Cannabis Limited. Now that hemp foods products have been made officially legal for human consumption in Australia as of 12 November, MCL, through it's Vitahemp brand, is now well set to become the premier hemp food company in [...]
Sydney, Australia (ABN Newswire) - During the September Quarter 2017, Queensland Bauxite Ltd. (ASX:QBL) (or the "Company") continued to press to progress the development of its flagship South Johnstone DSO bauxite project in northern Queensland, with the Company aiming to generate positive net cash flows in the short term through the commencement of DSO bauxite production and shipping. HIGHLIGHTS - Mining Development [...]
Sydney - The Board of Queensland Bauxite is most excited to announce that via its subsidiary Medical Cannabis Ltd, the initial sample range of hemp products under the name Vitahemp, will be ready for introduction to the Australian market in November 2017. Hemp foods are an extremely nutritious form of food product made from low THC Cannabis. Significant cashflow from these products is expected to commence in early 2018 [...]
The Board of Queensland Bauxite is pleased to announce that further to the significant progress that its subsidiary Medical Cannabis has been making in its business and product development, EndoCRO Ltd an iCAN:Israel-Cannabis company, has been selected as a research and product development arm on a contract basis for the development of pharmaceutical GMP grade Medical Cannabis products on behalf of the company, with the [...]
The Board of Queensland Bauxite is pleased to announce that the Department of Natural Resources and Mines has now formally approved the Mineral Development License for the South Johnstone Bauxite Project. The granting of the MDL allows the company to begin initial trial production of bauxite to potential customer refineries, for the purpose of proving the economic and operational feasibility of the entire project with [...]
Sydney, Australia (ABN Newswire) - As soon as hemp seed food products become legal from November 12, Nimbin-based producer Vitahemp will be ready to start selling. Company founder Andrew Kavasilas has been an active campaigner for hemp-based food since 1999 and spruiks the controversial seed as an alternative grain for use in a variety of products such as milk and breakfast cereal. "In the same way that you have [...]
The Directors of ueensland Bauxite present their report together with the consolidated financial statements of the Group comprising Queensland Bauxiteand its subsidiaries, for the financial year ended 30 June 2017 and the independent auditors report thereon. To view the Annual Report, please visit: http://abnnewswire.net/lnk/04J19DV4 About Queensland Bauxite Ltd: Queensland Bauxite Ltd. (ASX:QBL) is an Australian [...]
Queensland Bauxite is proud to report on Medical Cannabis Limited's progress with a major milestone achieved this week. 20 tonnes of certified low THC hemp seed for sowing has been secured so that MCL will be able to grow enough low THC cannabis to supply an immediate demand for Australian hemp seed food products, with sufficient Cannabis grown (from which to derive hemp seed) to be able to also manufacture and export [...]
Sydney, Australia (ABN Newswire) - Queensland Bauxite Ltd. (ASX:QBL) is pleased to announce preliminary findings in relation to cannabinoid testing performed by its subsidiary Medical Cannabis Limited (MCL) of some of MCL's low THC Cannabis cultivars. (THC is tetrahydrocannabinol Delta 9, a medical compound produced by Cannabis plants). Andrew Kavasilas, Technical Director of MCL, said "Because we are a multifaceted [...]
The Board of Queensland Bauxite is pleased to announce that, after receiving the approval last week from the Queensland Government Department of Environment and Heritage Protection to approve the amendment to our Environmental Authority for the South Johnstone Bauxite Project at Camp Creek in Queensland, to allow for the work programme intended under the Mineral Development License, the Department of Natural Resources and [...]
The Board of Queensland Bauxite is delighted to announce that, after providing the Department of Natural Resources and Mines and the Department of Environment and Heritage Protection further information and responding to the Departments' queries, Mineral Development License (MDL) approval has been progressed for the South Johnstone Bauxite Project at Camp Creek in Queensland with the important decision received today from [...]
The Board of Queensland Bauxite is delighted to announce that its subsidiary company Medical Cannabis Limited has reported success with its previously announced winter trial crops. Director Andrew Kavasilas said: "There have been very few serious winter trials in Australia and information as to the success of these trials is scarce and uninformative. We began a winter growth of Cannabis so as to be ready for production as [...]
