A surprise announcement at Tuesday’s annual State of the City address, as hemp oil manufacturer Folium Biosciences is the newest large company to make the move to Medicine Hat.
The future is hemp, Tim Gordon says. And the future is now. Gordon is president of the board of the Colorado Hemp Industries Association. Some have called the passage last month of the U.S. farm bill, which takes hemp from a Schedule 1 controlled substance to an agricultural commodity, as a game-changer.
Australis Capital Inc. (CSE: AUSA) (“Australis” or the “Company”) is pleased to announce the Company has invested $3,000,000 USD in Folium Biosciences (“Folium”), the largest vertically integrated producer, manufacturer, and distributor of hemp derived phytocannabinoids in the United States.