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Australia’s largest medicinal cannabis farm now under Chinese ownership
Australia’s largest medicinal cannabis farm now under Chinese ownership
Sydney, October 1 Tasmanian Botanics, one of Australia’s largest medicinal cannabis producers, has now come under almost complete Chinese ownership. Ownership of the company’s holding company, Pigeon, based at Pontville north of Hobart, changed hands after Chinese-owned Yongji Health purchased its remaining shares for around AU$31 million. Yongji Health, a subsidiary of China’s Guizhou-based…