Notice of Extraordinary General Meeting/Proxy Form
Cannabis Hemp Blog
by Hemp Land
9h ago
Notice is hereby given that an Extraordinary General Meeting of Shareholders of BPH Global Limited ACN 009 104 330 will be held at 3:00pm AEST on 24 May 2024 at Suite 5, Level 12, 530 Collins Street, Melbourne VIC 3000 (Meeting). The Explanatory Statement to this Notice of Meeting provides additional information on matters to be considered at the Extraordinary General Meeting. The Explanatory Statement and the Proxy Form forms part of this Notice of Meeting. The Directors have determined pursuant to Regulation 7.11.37 of the Corporations Regulations 2001 (Cth) that the persons eligible to v ..read more
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Q1 FY24 Revenue Update
Cannabis Hemp Blog
by Hemp Land
4d ago
Melodiol Global Health Limited (ASX:ME1) (‘Melodiol’ or ‘the Company’) is pleased to advise that is has achieved approximately $4.1m of unaudited revenues for Q1 of FY24, marking a 79% increase on Q1 FY23 revenues of $2.3m. The result provides a strong foundation for the remainder of FY24. Highlights: Unaudited Q1 FY24 revenues of $4.1m, a 79% increase on Q1 FY23 Follows strong Melodiol group FY 2023 revenues of $21.6m (an increase of 148% on FY 2022) Revenues were driven by strong performance at Mernova, which recorded $1.7m in revenues for the quarter. During the quarter, Mernova contin ..read more
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Health House Australia and Corporate Update
Cannabis Hemp Blog
by Hemp Land
2w ago
Melodiol Global Health Limited (ASX:ME1) (‘Melodiol’ or ‘the Company’) is pleased to advise that its wholly owned Australian subsidiary, Health House Australia, continues to make strong operational progress. Highlights: Health House Australia announces the planned launch of its medicinal cannabis clinic in Q2 of 2024 The group is also pleased to announce that it has added several new suppliers during Q1 of 2024 Health House Australia was a key contributor to Melodiol group FY 2023 revenues of $21.6m (an increase of 148% on FY 2022) Health House Australia and Health House UK contributed $11 ..read more
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Cannabis Round-Up: Canadian Finance Minister Knew About Industry’s “Financial Distress”
Cannabis Hemp Blog
by Hemp Land
3w ago
US Vice President Kamala Harris met with recipients of President Joe Biden’s Pardon for the Offense of Simple Possession of Marijuana as part of the Democrats’ cross-country campaign trail. She urged the Drug Enforcement Administration (DEA) to release its findings on rescheduling cannabis “as quickly as possible.” Meanwhile, as Massachusetts pushes for broader cannabis clemency, Hawaii has passed an amended expungement bill that will institute a pilot program instead of automatic expungements for low-level cannabis convictions. Stay up to date on the latest news, trends and policy developm ..read more
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120-Day Business Development Plan
Cannabis Hemp Blog
by Hemp Land
1M ago
The Board of BPH Global Ltd (ASX: BP8) (Company) announces that the Company’s CEO Matthew Leonard and CFO Chow Yee Koh are currently travelling in Malaysia and China for a series of meetings over a 2–3- week period commencing last week. The CEO and CFO will be joined by China-based Company Director Michael Huang for strategic meetings in Malaysia and China. Highlights CEO & CFO in Malaysia & China to advance BP8’s APAC & China-based projects as part of a 120- day business plan. Wide and deep engagement with potential China-based cornerstone investors. Focus on securing supply a ..read more
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Cannabis Round-Up: Canadian Committee Paves Way for Excise Tax Changes, MSO Reports Record Revenue
Cannabis Hemp Blog
by Hemp Land
1M ago
After years of lobbying, the Canadian federal government took an important step that may soon result in a reduction to the high excise tax rates paid on cannabis products. Meanwhile, the University of British Columbia is embarking on a new clinical study that looks into the effects cannabidiol (CBD) may have on the symptoms of bipolar depression, and Verano Holdings (OTCQX:VRNOF) reported good news for shareholders. Stay up to date on the latest news, trends and policy developments in the cannabis industry with our round-up below. House of Commons committee calls for cannabis tax chang ..read more
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Cannabis Round-Up: Ohio Legalizes Adult-use Cannabis, Aurora and Canopy Release Results
Cannabis Hemp Blog
by Hemp Land
1M ago
Ohio has officially become the latest US state to allow recreational cannabis for adult users. Meanwhile, a survey conducted by a leading financial research firm suggests that investors feel optimistic that cannabis will be rescheduled in the US. And in Canada, quarterly results show two cannabis producers are seeing some relief. Read on to learn what else happened in the cannabis space this week. Ohio legalizes adult-use cannabis Ohio became the 24th state to legalize adult-use cannabis after a 57 percent majority voted in favor of the change. Ohioans of the age of majority can now legally ..read more
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Cannabis Round-Up: Curaleaf Makes TSX Listing Progress, STATES Act Returns
Cannabis Hemp Blog
by Hemp Land
1M ago
A New York-based multi-state operator has received conditional approval to list its shares on the Toronto Stock Exchange (TSX) as Canadian prices for wholesale flower continue to climb. Outside North America, Germany is facing another setback on the long road to cannabis legalization, while Japan has legalized medical cannabis, but toughened repercussions for recreational users. Read on to learn what else happened in the cannabis space this week. Curaleaf receives conditional approval for TSX listing Two months after applying to list on the TSX, cannabis producer Curaleaf Holdings (CSE:CURA ..read more
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Cannabis Round-Up: Biden Extends Cannabis Pardons, Maryland Exceeds Expectations
Cannabis Hemp Blog
by Hemp Land
1M ago
US President Joe Biden has officially issued pardons to people who have been convicted of federal cannabis offenses. Meanwhile, amendments to Pennsylvania’s cap on dispensaries could see up to 30 new storefronts, and changes are coming to Alberta’s retail cannabis regulations to help licensed providers compete with the illicit market. Want to stay up-to-date on the latest developments in the cannabis industry? Keep reading for a roundup of this week’s top news and trends. Biden expands cannabis pardons  In a major step toward addressing the racial disparities in the criminal justice sy ..read more
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Appendix 4E Preliminary Final Report Year Ended 31 December 2023
Cannabis Hemp Blog
by Hemp Land
1M ago
Melodiol Global Health Limited (ASX:ME1) (‘Melodiol’ or ‘the Company’) is pleased to present its Preliminary Final Year Report. PRELIMINARY FINAL REPORT For the year ended 31 December 2023, previous corresponding period is 31 December 2022. CHANGE OF COMPANY NAME On 31 May 2023, the Company announced that at the Annual General Meeting held on that date a resolution was passed by shareholders to change the Company’s name from Creso Pharma Limited (ASX: CPH) to Melodiol Global Health Limited (ASX: ME1). The change of name took effect on ASX from the commencement of trading on 13 June 2023 RES ..read more
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