Little Green Pharma: Welcomes TGA decision on cannabidiols

  • Medicinal cannabis company Little Green Pharma (LGP) has welcomed the Therapeutic Goods Administration’s (TGA) regulatory changes to cannabidiol (CBD)
  • The TGA has down-scheduled some CBD products and also increased the daily maximum dosage limit
  • This decision means from early next year registered CBD products can dispense over-the-counter without the need for a prescription
  • Commenting on the TGA’s decision, Little Green Pharma Managing Director Fleta Solomon said the change should benefit the entire industry
  • LGP has congratulated the TGA for the change, stating the down-scheduling will make medicinal cannabis more widely available across Australia
  • Shares in Little Green Pharma have ended the day down a slight 0.83 percent trading at 59.5 cents each
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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