Australia.. No Relief At Releaf .. “receivers appointed to chase debt for law firm”


Cannabiz’s headline says

Releaf Group: receivers appointed to chase debt for law firm and administrators called in by board

Cannabiz has the full story

Releaf Group: receivers appointed to chase debt for law firm and administrators called in by board

 

I wonder- did they pay their fine?

June 26 2024

Australia’s Therapeutic Goods Administration (TGA) has issued 35 infringement notices totalling six cannabis businesses and two individuals for the alleged unlawful advertising of medicinal cannabis on their websites and social media platforms.

The businesses include licensed medicinal cannabis manufacturers and importers, a health clinic, and a retailer. The TGA alleges that each business unlawfully promoted the use and supply of prescription-only medicinal cannabis.

The total of the fines is AUD$ 627,252 (CAD$ 571,355). The six infringement notices were issued to Botanic Wellness Limited (13 notices for a total of $244,140), Grandiosa Imports Pty Ltd (7 and $131,460), Releaf Group Limited (7 and $131,460), NectarTek Australia Pty Ltd (4 and $75,120), Turkken Pty Ltd and a WA-based individual (2 and $22,536), Cymra Life Sciences Ltd (1 $18,780), and a NSW-based individual (sole-trader) (1 and $3,756).

Australia’s cannabis regulator has issued more than $600,000 in fines


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