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4 Dec. 2018

NT set to grow medicinal marijuana crops next year

The Northern Territory will soon grow medicinal marijuana crops. Canadian cannabis company Wayland Group agreed to purchase more than 50 per cent of a newly-formed Darwin-based company called Tropicann in a multi-million-dollar agreement Tuesday. 

"We're very excited to see a potential new industry in the Northern Territory," NT Chief Minister Michael Gunner told the ABC. "They're looking anywhere from 300 to 1,000 hectares to grow medicinal marijuana and starting cropping from next year."

Chief Minister Gunner also explained this would be a great boost to the Territory for local jobs.

Wayland Group has production operations in Dresden, Germany and Regensdorf, Switzerland.

To read the entire article from the ABC, please click here.