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ECS Botanics Puts It’s Tasmanian Operation On The Market, Divesting From Hemp & Concentrating On More “Profitable” Medicinal Cannabis At Its Victorian Facility

Lismore News

One of the pioneers of industrial cannabis and hemp growing in Australia is selling its Tasmanian operation.

Publicly listed ECS Botanics has put its cannabis farm in Tasmania’s Northern Midlands on the market.

The company plans to keep its new cannabis farm near Swan Hill, in northwest Victoria, and focus on higher-profit medicinal cannabis.

It plans to move away from industrial hemp for fibre and even health food products like hemp seed oil.

The company says it is in the “enviable position of having demand for our medicinal cannabis products substantially exceed our capacity to supply”.

There’s no information on their website about the desire to offload the Tasmanian facility

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