Cann Global’s hopes of licensing and distributing a cannabis formula in Australia used and championed by Olivia Newton-John during her breast cancer battle have been dashed – at least for now.

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In a brief note in its 2021 year-end financial report, which highlighted a decline in revenue but narrowing losses, the company blamed import barriers for scuppering plans to bring the formula – developed by the singer’s husband, John Easterling – to the Australian market.

Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...