Caason’s Aileron Pastoral Holdings (APH) has been granted a Class A research licence for the cultivation of low-THC hemp for scientific research under the Northern Territory Government’s Industrial Hemp Act 2019. This research, planned for early 2021, precedes our aim of broadacre cropping production from 2022. Importantly, APH now has necessary Government permits, including a non-pastoral use permit, to establish significant cropping production over 340Ha.
Craig Astill, CEO and MD or Caason Group and APH, said: “This research licence will allow us to formulate a methodology for large scale industrial hemp cropping in a Central Australian environment. We are very excited about being part of the development of this new Northern Territory industry.”