Sunshine Coast-based MC Therapeutics has dropped plans to cultivate medicinal cannabis and is selling up after failing to raise sufficient funds to construct a facility.

The business, which leases land on a farm 80km north of Brisbane and holds a cultivation licence, is working with the landowner to sell the 16.2 hectare site.

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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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