The Advisor reports that Cannatrek has secured the Good Manufacturing Practice (GMP) accreditation from Australia’s Therapeutic Goods Administration (TGA) for its new $5M processing facility in Shepparton. This marks the company’s transition from mainly agricultural operations to a full pharmaceutical supply chain for plant-based medicine. This facility is part of Cannatrek’s broader $17M investment in the Shepparton region, which involves cultivation and comprehensive manufacturing of plant-based medicine products. Brett Schwarz, CFO of Cannatrek, praised Shepparton as an ideal location for operations due to its farming expertise and extended daylight hours. The site is set to boost local employment, further strengthening the company’s commitment to the region.
Read more: https://www.sheppadviser.com.au…
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