Plant-based medicine to grow on the Sunshine Coast

A 100 per cent Australian-owned medicinal cannabis company has opened a new distribution facility on the Sunshine Coast.

The new facility at Coolum Beach is fully licenced to provide Therapeutic Goods Administration (TGA) compliant products to any Australian-licenced pharmacy, which can then dispense the products on prescription.

Sunshine Coast Council Mayor Mark Jamieson said he was pleased to officially announce the opening of the new facility and welcomed Canntic to the community.

“Canntic’s warehouse, dispensary and virtual clinic facility has an estimated capital expenditure of $1.3 million,” Mayor Jamieson said.

“This major company has a forecasted economic impact to the region of $9.44 million, generating more than 29 direct and indirect local jobs*. 

“The new facility will bring patient and tele-health access to plant-based medicine for regional and interstate patients and advances our region in line with the priorities from our Regional Economic Development Strategy 2013-2033.”

Canntic CEO and Managing Director Shaun Anderson said he was thrilled to see the group expand its facilities to the Sunshine Coast.

“We are a Sunshine Coast-based company started by two locals, with myself having worked for 30 years in big pharma, and my partner being an engineer involved in the renewable energy space,” Mr Anderson said.

“Our aim now is to provide patient access to the clinical benefits of plant-based medicine through prescribed authorised avenues via the TGA approved channels.

“All our products meet the rigorous TGA standards for unregistered medicines.

“Sunshine Coast Council has provided business support measures over a number of years assisting us with finding potential sites, investment support and promotion through its Sunshine Coast Economic Resurgence Plan.

“We look forward to growing our presence on the Sunshine Coast and continuing our mission to build locally owned and operated plant-based medicine businesses, in a socially responsible and environmentally aware way.”

To book a medical consult, visit the HanaMed website at https://www.hanamed.com.au/.

For future employment opportunities at Canntic visit https://www.canntic.com or email [email protected].

*Source National Economics (NIEIR) modelled by economy.ID.