Medicinal cannabis firm Incannex has posted a 12-month loss of almost $4.7 million in a year that saw it sell products in Australia for the first time.

The deficit was 73% greater than the previous year as the company stepped up its research and development, salaries increased and advertising and promotion expenses grew.

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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...

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