Cannabis software company GrowerIQ is the only cannabis company selected to participate in the Team Canada Mission to Australia this month sponsored by Global Affairs Canada.

The program runs from February 16-21 and will visit key markets in Sydney and Brisbane, including the UIC 2025 Australian Medicinal Cannabis Symposium where GrowerIQ will showcase its AI-powered technology designed to support GMP-compliant businesses.
Founder and CEO Andrew Wilson said: “This opportunity underscores our commitment to innovation and collaboration in the global cannabis industry.
“We look forward to building stronger ties with Australian cannabis businesses and helping them achieve new levels of traceability, compliance, and operational excellence.”
Neurotech International
Neurotech has received a A$2.44 million research and development (R&D) tax incentive refund relating to eligible activities in FY24.
Executive Director Dr Thomas Duthy said the R&D payment “strengthens our cash position as we move rapidly to complete our required animal toxicology and human pharmacokinetic study to enable the company to prepare for regulatory submissions with the Australian Therapeutic Goods Administration and US Food and Drug Administration in FY25”.
The company reported cash and cash equivalents of $6m as at December 31, 2024.
Medical Kiwi
Cannabis operators hoping to snap up a bargain from stricken New Zealand firm Medical Kiwi were left disappointed after online auctions were taken down unexpectedly.
Medical Kiwi, also known as Aether Pacific Pharmaceuticals, went into voluntary administration late last year after running into financial difficulty and is facing liquidation with debts of almost NZ$9 million.
The Press reports the contents of its Christchurch indoor cultivation facility were recently put up for sale on two auction sites with buyers expected to arrange collection.
However, despite some bids surpassing the reserve price according to The Press, the multi-day auctions were removed just hours before they closed and all items sold to one offline bidder.