Biortica Agrimed will significantly increase cultivation capacity at its Green Farmers facilities in Victoria and New South Wales in 2025.
Green Farmers’ existing 4,000sqm facility in Victoria is set to be bolstered by an additional 6,000sqm by March while the retrofit of its 10,000sqm facility near Lismore, NSW, is expected to be operational by September.
Biortica said the expansion “ensures year-round production through advanced glasshouse technology, eliminating delays caused by international shipments and complex import permits”.
Chief operating officer Kathleen Ward added: “Green Farmers’ expansion reflects our dedication to improving local supply chains, enhancing product availability, and supporting the Australian medicinal cannabis industry.”
The news comes after Legalise Cannabis Queensland and the Medical Cannabis Users Association said supply chain disruptions, inadequate stock and poor planning left pharmacies unable to fill medicinal cannabis prescriptions over the holiday period.
Managing director Tom Varga said as well as providing increased reliability and fresher product to Australian patients, the move will create local jobs at a difficult time for the economy.
“Over 150 jobs will be created across both expansions,” he said. “Add to this locally sourced product not being impacted by increasing freight costs and the falling dollar and you have better patient access, protection from rising costs and job creation in Australia.”
Biortica is currently in the process of a reverse takeover via a deed of company arrangement (DOCA) of ASX-listed Bod Science which it said will give it greater access to capital for future expansion.
