Earlier today, Federal Member for Groom John McVeigh, announced in a media release that Toowoomba’s future as a major global player in the medicinal cannabis industry is a step closer, following the announcement by the Morrison Government today that from next month it will prioritise licences for medicinal cannabis projects that have been granted Major Project Status.



Asterion Cannabis was granted Major Project Status for its Toowoomba medicinal cannabis project in April, 2019.



Federal Member for Groom John McVeigh said the $450 million medicinal cannabis proposal at Wellcamp was granted Major Project Status earlier this year, reflecting its likely impact on exports, jobs and industry development.



To read the full media release see link below.



http://johnmcveigh.com.au/Media/Media-Releases/ID/236





About Asterion



Asterion is a Canadian medicinal cannabis company with operations in Australia, specializing in medical cannabis and is focused on becoming an industry leader in next-generation cannabis products. The Company is focused on the future of advanced agriculture and aims to produce the highest quality of genetically uniform cannabis strains, at an affordable price.



The Company is led by a team of highly experienced executives with over 120 years of combined experience in medical cannabis, renewable energy, capital markets, and other highly relevant sectors across North America, Oceania, Europe, Africa and Asia.



On Behalf of the Board of Directors

“Stephen Van Deventer”

Chairman & Chief Executive Officer



For further information, please contact:

Deanna Kress

+1-778-999-6063

info@asterioncannabis.com