Asterion and the University of Queensland have partnered for a major research project related to cannabis cultivation.
The Vancouver based company and the UQ have embarked on an 18 month program to study certain varieties of cannabis with view to consistent plant cultivation and high volume yield.
Asterion Cannabis has proposed a $500 million medicinal cannabis farm in Wellcamp, on the Darling Downs, and the research is intended to help with that project. The farm will be the largest medicinal cannabis farm in the world, when completed. It is expected to produce at least 500,000 kg of product each year, being produced for the North America and Europe markets. Selling into Australia may take place at some time in the future.
Sources: Surat Basin News, March 28, 2019