Cannaponics founder and CEO Rod Zakostelsky with cardiologist and director Dr Michael Nguyen

Medical cannabis startup Cannaponics bags $5 million record in crowdfunding raise

- May 19, 2023 2 MIN READ

Medical cannabis company Cannaponics has raised a record-equalling $5 million – the maximum allowed under Australian law – in an equity crowdfunding campaign via Birchal. The campaign for the West Australian startup lasted just two weeks with 2,771 investors buying in. The only other company to raise the $5 million maximum was Byron Bay’s plastics… Read more »

Little Green Pharma

GREEN GINA: Hancock mining billionaire plants $15 million in medicinal cannabis venture

- June 22, 2021 2 MIN READ

Gina Rinehart’s mining business, Hancock Prospecting, has tipped $15 million into a $27.2 million capital raise by local medicinal cannabis venture Little Green Pharma. The raise comes as the five-year-old Western Australian ASX venture, which produce medical grade CBD and THC cannabis products for Australia, the UK and Germany, announced the acquisition of medicinal cannabis… Read more »


Cannabis startup Greenfield MC moves into New Zealand ahead of legalisation vote

- September 4, 2019 2 MIN READ

Greenfield MC is the first Australian-owned company to cultivate medicinal cannabis for research purposes in New Zealand as part of a joint venture with a US-listed commercial producer Research into using medicinal cannabis to treatment of health conditions affecting Maori people is a focus NZ goes to the polls in 2020 with a non-binding referendum… Read more »


Australia’s leading medicinal cannabis startup is on target to raise $2 million from crowdfunding

- June 14, 2019 2 MIN READ

The problems startup founders set out to solve are often drawn from personal experience and for Dr Ben Jansen, founder of Cannabis Doctors Australia (CDA), it doesn’t get much more personal as the nascent medicinal cannabis industry establishes in Australia. Jansen’s family business started when his mother was diagnosed with terminal cancer. They faced the… Read more »