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  • THC Global secures permit to commence medicinal cannabis manufacturing in Queensland

    Australian cannabis pharmaceuticals company THC Global (ASX: THC) is one major step closer to their ‘Farm to Pharma’ strategy, having been granted a Manufacture Permit from the Australian Office of Drug Control for their facility in Southport, Queensland.  By securing the permit, THC Global will immediately commence production of medicinal cannabis products which have been

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  • FinTech disruptor Novatti secures partner to launch digital wallets in Australia

    Australian payments technology innovator Novatti (ASX: NOV) has secured a significant backing with Australian Fintech Investment Group (AFIG) to invest $1.1m in Novatti’s ambitious disruption plans which will initially target new migrants. The investment will be made directly into Novatti B Holding Company (NBHC) which will be the  subsidiary managing the company’s banking services unit,

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  • Credit growth is lower than GFC levels

    The RBA credit aggregates released at the end of October shows that Total Credit in the Australian economy contracted by $3.8 billion in the 3 months to the 30th September 2019. The lowest figure reached in the GFC was a contraction of $2.2 Billion in November 2009. This fall in lending is reflected in the majorRead More
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  • Zelda to launch clinical trials testing cannabis as solution to insomnia

    Australian bio-pharmaceutical developer Zelda Therapeutics (ASX: ZLD) has now fully enrolled insomnia sufferers into clinical trials where the Company aims to use cannabis as a treatment for clinically diagnosed patients.  This set of trials will be completed in collaboration with the University of Western Australia (UWA) Centre for Sleep Science. The trials will aim to

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  • Organic food sales surge as Murray River target China via social media

    Organic food producer Murray River Organics Group (ASX: MRG) has seen a 27% uplift in exports. Interest from China-based consumers have led the drive, following the Company’s marketing tactics using the WeChat social media platform.  Using WeChat, Murray River Organics has been able to communicate directly with consumers at a time when ongoing food safety

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  • Why Silicon Valley is championing an alternative to ‘moronic’ traditional IPO’s

    The recent failures of IPO hopefuls WeWork and Latitude Financial have brought the magnifying glass upon the longstanding IPO process itself. The traditional IPO hasn’t changed for quite some time, and with the way things are going, a breaking point could be on the horizon as private investors get increasingly frustrated. The alternative being discussed

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