Perth company joins medical marijuana rush

A Perth-based company that hopes to join the growing medical marijuana market in the US plans to list on the Australian stock exchange next year.

RxMM Health was formed this month by Boston Securities Group on behalf of an American and Australian consortium, and initially aims to supply the Californian market with pharmaceutical-grade medical cannabis.

The company says it has recruited a hydroponic cultivation expert and a US legal consultant to provide guidance, and hopes to sell the drug to authorised distributors and…

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