The WA Government has awarded $300,000 towards new medicinal cannabis manufacturing facilities in the State’s South-West region.
Local medicinal cannabis producer Little Green Pharma is among 25 businesses which have shared in $4.2 million under the Value Add Agribusiness Investment Attraction Fund’s latest funding round.
The grant will support an advanced new manufacturing facility containing clean rooms, and processing and packaging areas to produce medical-grade cannabis products for Australian and European patients.
It will allow Little Green Pharma to become the first Australian producer to establish a fully vertically integrated, ‘seed-to-sale’ value chain for medicinal cannabis.
The project, which involves significant co-investment from Little Green Pharma, will significantly increase processing capacity and boost potential to supply Australian patients as well as international markets including Europe.
There are strict regulatory requirements for the cultivation and manufacturing of medicinal cannabis in Australia.
A full list of grant recipients is available at the Department of Primary Industries and Regional Development’s website: http://www.agric.wa.gov.au/VAAIAFrecipients