The Board of Queensland Bauxite (ASX:QBL) has reported that medical cannabis limited is releasing the first of its kind to the Australian market – Australian grown and processed Hemp Seed Oil soft-gel capsules.
The release will be through their subsidiary VitaHemp.
Omega 3-6-9 oils are often consumed via animal based oils or fish oils, including intensively farmed by-products from fish aquaculture. However, many people are now seeking plant-based alternatives such as Hemp Seed Oil
The Australian grown hemp seeds contain no chemical residues, no mercury and no odours which are common causes of complaint about fish oil capsules.
Queensland Bauxite Limited has a 55 per cent shareholding in Medical Cannabis, an Australian leader in the hemp and Cannabis industries.
Shares in Queensland Bauxite (ASX:QBL) up 12.2% to 5c.