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MMJ PhytoTech Ltd

ASX:MMJ ISIN:AU000000MMJ4

Phytotech Medical ASX:PYL

MMJ PhytoTech Limited (ASX:MMJ) is focused on becoming a large-scale cannabis producer, targeting direct supply to the growing Canadian medical and recreational markets which will have an estimated combined value of C$8-9 billion by 2024. The Company controls operations across the entire medicinal cannabis value chain through three business units, strategically located in favourable jurisdictions with supportive regulatory frameworks in place.

MMJ has signed a definitive agreement with Canadian-based Harvest One Capital Corp. (CVE:WON.H) for the sale to Harvest One of 100% of the issued shares of United Greeneries Holdings Ltd and Satipharm AG.

United Greeneries Holding Ltd. has established world-class growing facilities in Canada, including the fully licensed Duncan Facility. MMJ is the first Australian-based company to receive a Canadian medicinal cannabis cultivation licence, and one of only a few companies globally with the capacity to commercially cultivate medicinal grade cannabis in a federally regulated environment.

The Company’s Swiss-based, medicinal products division operates under its 100% owned subsidiary, Satipharm AG, and is currently focused on developing regulatory compliant, unique oral delivery technologies that have the potential to deliver safe, effective and measured doses of medicinal cannabis to patients. MMJ began production of its first capsule product in May 2015, and is committed to providing novel treatment options throughout regulated markets globally.

PhytoTech Therapeutics Ltd is MMJ's Israel-based subsidiary responsible for the clinical research and development activities. In March 2016, PhytoTech Therapeutics completed a phase 1 clinical study which highlighted the safety and performance of Satipharm's capsule formulations in delivering CBD compounds to trial subjects.

       

News

MMJ PhytoTech Ltd (ASX:MMJ) First Cannabis Crop Harvested at Duncan Facility

🕔4/5/2017 11:23:38 AM 1918

MMJ PhytoTech Ltd (ASX:MMJ) is pleased to advise that its wholly-owned subsidiary United Greeneries Holdings Ltd. has successfully completed its first cannabis harvest at the Duncan Facility in Canada.

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MMJ PhytoTech Ltd (ASX:MMJ) Canada Set to Legalise Recreational Cannabis By July 2018

🕔3/29/2017 10:05:23 AM 1144

MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that the Canadian Federal Government has confirmed it will move to legalise the recreational cannabis market by 1 July 2018. The Federal Government's initial plans and proposed legislative framework are expected to be publically released on 10 April 2017.

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MMJ PhytoTech Ltd (ASX:MMJ) Australian Distribution Partner Receives Medicinal Cannabis Import Licence

🕔3/29/2017 9:48:26 AM 2844

MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that the Company's Australian distribution partner, HL Pharma Pty Ltd, has received approval for a medicinal cannabis importation licence from the Department of Health.

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MMJ PhytoTech Ltd (ASX:MMJ) Satipharm Sales Update and Expansion of European Distribution Network

🕔3/13/2017 8:24:40 AM 5590

MMJ PhytoTech Ltd (ASX:MMJ) is pleased to provide the following sales and operations update on its wholly-owned Switzerland-based subsidiary, Satipharm AG.

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MMJ PhytoTech Ltd (ASX:MMJ) Significantly Expands Duncon Facility Production Capacity with Land Lease Agreement

🕔3/9/2017 9:56:58 AM 3167

MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that its wholly-owned subsidiary United Greeneries Holdings Ltd has executed an agreement with Cowichan Tribes in respect to the leasing of a 13-acre land package located adjacent to the Company's existing Duncan Facility.

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MMJ PhytoTech Ltd (ASX:MMJ) Half-year Financial Report for Period Ended 31 December 2016

🕔3/1/2017 9:46:57 AM 2056

The directors present their report, together with the financial statements, on the consolidated entity consisting of MMJ PhytoTech Limited (ASX:MMJ) and the entities it controlled at the end of, or during, the half-year ended 31 December 2016.

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MMJ PhytoTech Ltd (ASX:MMJ) Takes Significant Step Towards First Australian Sales Following Submission of Import Licence Application

🕔2/28/2017 9:29:05 AM 2962

MMJ PhytoTech Ltd (ASX:MMJ) is pleased to advise that the Company's Australian distribution partner, HL Pharma Pty Ltd. has submitted its application for a medicinal cannabis import licence to the Department of Health.

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MMJ PhytoTech Ltd (ASX:MMJ) Announces Harvest One Closes C$25M Placement

🕔2/23/2017 9:28:36 AM 2551

MMJ PhytoTech Limited (ASX:MMJ) is pleased to advise that Canadian-based Harvest One Capital Corp. (CVE:WON.H) has closed the previously reported (January 27, 2017) private placement, raising C$25,000,500 before costs. Pursuant to the Placement, Harvest One issued 33,334,000 Subscription Receipts at a price of C$0.75.

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MMJ PhytoTech Ltd (ASX:MMJ) Enters Agreement to Strengthen AUS Distribution Network

🕔2/13/2017 10:07:44 AM 2917

MMJ PhytoTech Ltd (ASX:MMJ) is pleased to advise that it has entered into a binding Letter of Intent with HL Pharma Pty Ltd. for the importation and distribution of the Company's medicinal cannabis products in Australia.

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MMJ PhytoTech Ltd (ASX:MMJ) Phase 2 Clinical Trial For Treatment of Epilepsy Underway

🕔2/13/2017 8:23:49 AM 2170

MMJ PhytoTech Ltd (ASX:MMJ) is pleased to advise that its wholly-owned, Israeli-based subsidiary PhytoTech Therapeutics Limited ("PTL"), has commenced following Health Authorities' approval, the Phase 2 clinical study into the safety and efficacy of its PTL101 capsules in treating refractory epilepsy in children.

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Company Data

    Headquarters
  • Suite 25, 145 Stirling Highway
    Nedlands WA 6009
    Australia
  • Telephone
  • +61-8-9389-3150 
  • Fax
  • +61-8-9389-3199 
  • Principal Sector
  • Ag Biotechnology 
  • Principal Industry
  • Healthcare 
  • Homepage
  • www.mmjphytotech.com.au
  • E:
  • info@mmjphytotech.com.au

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