Phytotech is trying to raise 5 Millon Australian Dollars to be listing on the Australian Securites Exchange the December, 2014. Merry Christmas Australia!
They want to grow the medical marijuana in Israel, because Isael is the only country in the world that cannabis can be legally exported out of. They want to set up shop in Australia because their country has legalization in the works that could legalize Australian Medical Marijuana.
The company also want to sell medical marijuana to Canada and other countries, including the USA.
While we agree that medical marijuana is the future, and it is big business, we like things, especially cannabis to be grown and consumed locally. We understand the current need to export out of Israel, because of its laws, but we hope Australia can grow and export their homegrown Cannabis to the world.