Medicinal cannabis farm first to be listed for sale in Australian

A medicinal cannabis farm in Tasmania is the first of its kind to be listed for sale in Australia.

As demand for medicinal cannabis products skyrockets in Australia and abroad, the sale will set an industry benchmark for a growing yet niche agricultural sector.

The fully operational and licensed facility spans 44.62 hectares near Cressy, south of Launceston, although its exact address cannot be disclosed due to licensing requirements.

ASX-listed cannabis producer ECS Botanics is selling the Tasmanian operation after recently announcing it would divest its hemp food and wellness division, slash operating expenses, and focus solely on medicinal cannabis production at its Victorian facility.

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