Medibis raises funds for research and cultivation facility, sets eyes on huge medicinal cannabis market

Medibis partnership with Israel-based cannabis company is the first step towards launching a cannabis product in Australia, and building its cultivation facility in Toowoomba.

Homegrown medicinal cannabis company, Medibis, is about to launch a range of cannabis medicines on the Australian market, following its efforts to raise funds via the crowd funding platform, Birchal.  The company is also set to embark on research into cannabinoid-based medicines and says it’s excited about the prospect of discovering new treatments.

Medibis has also announced long-term plans to build a medicinal cannabis facility in Toowoomba, Queensland, as it sets eyes on the lucrative multi-billion dollar medicinal cannabis industry.