WEED Australia Ltd., w/non-profit arm, The Cannabis Institute of Australia, is attending the United in Compassion Australian Medicinal Cannabis Symposium May 20-22, 2022 on the sunshine coast in northern Queensland.
TUCSON, AZ / ACCESSSWIRE / May 4, 2022 / WEED, Inc. (OTCQB:BUDZ) (OTCMarkets.com), is a multi-national, multi-faceted, vertically integrated global Cannabis holding company focused on the development and application of cannabis-derived compounds for the treatment of human and animal diseases. WEED Australia Ltd., created by WEED, Inc. and billed as “America’s First Public Cannabis Company Down Under” is attending the United in Compassion Australian Medicinal Cannabis Symposium May 20-22 in Queensland, Australia. WEED, Inc.’s Chairman and CEO, Glenn E. Martin, will represent WEED, Inc. along with Patrick Brodnik, Managing Director of WEED Australia Ltd. at this exclusive event. WEED plans to meet with global leaders in the cannabis industry worldwide to discuss joint ventures and strategic partnerships.
Keynote speakers for this event include. Dr. Raphael Mechoulam of Hebrew University in Jerusalem (HUJ), Dr. Sue Sisley of Arizona, who received one of the 7 DEA research licenses last year, concentrating on utilizing cannabis to lessen pain & stress for our Veterans. Beloved Australians and medical cannabis leaders Olivia Newton-John & John Easterling have also announced they are planning to be in attendance at the conference.
This event is the fifth United in Compassion (UIC) Symposium of its type in Australia, which began as a patient-led movement created by Daniel Haslam’s mother, Lucy Haslam. It was a driving factor in changing Australian law and inspired a new industry for the benefit of Australian patients. Called Dan’s Law, it was put in place to legalize the cultivation of medicinal cannabis in Australia.
UIC’s focus remains on patients providing them with better education on alternative medicines, such as cannabis & hemp, improving and informing the health workforce on the benefits of cannabis and promoting the development of a viable, professional and patient-focused industry.
Patients, clinicians, researchers in the cannabis industry come together to discuss exciting developments and to hear from renowned experts from home and from around the globe.
Patrick Brodnik, WEED Australia’s Managing Director commented, “The current legal framework around medicinal cannabis in Australia is still evolving and remains tightly restricted by the ODC (Office of Drug Control) but patient numbers are rapidly increasing. The TGA (Therapeutic Goods Administration) is streamlining the application process for medicinal cannabis patients and doctors alike. These special access scheme applications can now be lodged online. As one of WEED’s representative, I hope to provide information concerning many of the medical Cannabis issues that Australia faces.”
Mr. Brodnik continues, “WEED Inc.’s corporate strategy for global expansion started with WEED Australia Ltd., founded in March 2017. WEED looks to lead the way for Cannabis/Hemp research and product development to include all of Australia from Perth to Melbourne, Sydney to Brisbane.”
Mr. Martin states, “Australia’s infra-structure is ideally situated for global expansions for distribution of Hemp & Cannabis products throughout the Asian Pacific Rim. Exports to Europe are considered due to the nature of our product development and clinical trials to be conducted in Israel. With Australia being the first continent to fully approve medical cannabis research and product, WEED Australia Ltd. is geographically situated to be on the forefront of cutting edge medical research globally. WEED is positioned to drive the next generation of research and data for both Pharma & non pharma cannabis products and services.”
Mr. Martin continues,
“WEED Australia Ltd. and The Cannabis Institute of Australia were formed with one of its major goals being: formation of an Australian Scientific Advisory Council, to assist in establishing national protocol and procedures to help educate Australia’s government representatives, medical doctors, pharmacists and the general public about the value of cannabinoid research. WEED’s IP and branding for its treatment & therapies is key to implementing national medical cannabis programs leading to hopeful cures using the cannabaceae plant. I look forward to meeting you all at “United in Compassion” symposium in a couple weeks.”
WEED, Inc.’s Subsidiaries past comments from 2021/2022
WEED Israel (Cannabis) Ltd. “After over 2 years of putting human clinical trials and product development on hold due to COVID, WEED Israel is poised and anxious to build out our global brands in both pharmaceutical and non-pharmaceutical categories, starting with women’s health and veterans’ ailments (PTSD) to healthy green alternative medicines” stated Elliot Kwestel, Managing Director of WEED Israel (Cannabis) Ltd. based outside Jerusalem. Kwestel further commented, “WEED Israel looks to enrich and expand our clinical trials with both THC and Cannabinoid studies to promote healthy living for generations to come.”
WEED Australia Ltd. and The Cannabis Institute of Australia (C.I.A.), our Australian non-profit arm, based in Queensland on the Gold Coast. Managing Director Patrick Brodnik stated, “With the new rules out governing cannabis & hemp in Australia and the announcement on 1st of February 2021 to allow over-the-counter CBD medicines in pharmacies, timing is perfect to begin our clinical trials in Israel and Australia to bring new curative products to market as we close out COVID mandates this year. Managing Director Brodnik continues, “This year 2022, we believe the future of decriminalizing cannabis and hemp globally will prove to be a giant leap forward for worldwide cannabis legalization.”
WEED Hong Kong Ltd. Director Nicole Breen agrees, “The pandemic has affected all of us on a worldwide basis. Healing our planet with natural therapies, treatments and eventual “cures” utilizing natures’ own Cannabaceae plant with its many properties, both with high tetrahydrocannabinol (THC) and cannabidiol (CBD) compounds, I believe will change the force of medicine forever in the years to come. We look forward to an exciting year end and a Prosperous 2022.”
Caution Regarding Cannabis Operations in the United States
Investors should note that there are significant legal restrictions and regulations that govern the cannabis industry in the United States. While legal in certain states, cannabis remains a Schedule I drug under the U.S. Controlled Substances Act, making it illegal under federal law in the United States to, among other things, cultivate, distribute or possess cannabis. Financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the United States may form the basis for prosecution under applicable U.S. federal money laundering legislation. Investors should carefully read the risk factors and disclosures contained in our offering circular before making any decision to invest in our company.
Forward Looking Information
This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information contained in this press release may be identified by the use of words such as, “may”, “would”, “could”, “will”, “likely”, “expect”, “anticipate”, “believe, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook” and other similar expressions, and include statements with respect to future revenue and profits. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors relevant in the circumstances, including assumptions in respect of current and future market conditions, the current and future regulatory environment; and the availability of licenses, approvals and permits.
Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. Forward-looking information is subject to a variety of risks and uncertainties that could cause actual events or results to differ materially from those projected in the forward-looking information. The statements in this press release are made as of the date of this release. The Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The information is provided for convenience only, is not investment advice and may not be relied upon in considering an investment in WEED, Inc. No representation or warranty, express or implied, is made as to the accuracy or completeness of any information contained herein.
Glenn E. Martin, CEO
SOURCE: WEED, Inc.