Zinger Key Points
- Cannatrek has signed MoU with Mie University in Tsu, Japan to advance medical marijuana research.
- Join Chris Capre on Sunday at 1 PM ET to learn the short-term trading strategy built for chaotic, tariff-driven markets—and how to spot fast-moving setups in real time.
An Australian, vertically integrated plant-based medicine company, Cannatrek, will collaborate with a Japanese University to empower research on medical marijuana.
What happened: Cannatrek reported Tuesday it has signed a Memorandum of Understanding (Mou) with Mie University in Tsu, Japan, to establish an open partnership on advancing medical research into the use of marijuana.
The collaboration news comes some two months after Japan's Parliament passed a bill legalizing medical products derived from cannabis.
Previously, substances containing compounds derived from marijuana plants have been only allowed in clinical trials, but patient groups have been pushing for change. They have been seeking approval for cannabis-derived CBD medicines, such as Epidiolex, which is approved in the United States and Europe for conditions such as severe forms of epilepsy.
The CBD medicine became a part part of Jazz Pharmaceuticals JAZZ’s portfolio, following the acquisition of GW Pharmaceuticals plc. in 2021.
Why it matters: This strategic partnership is set to be the first-ever MoU for medical marijuana research between any Australian and Japanese organization or government.
"We are honored to be the first Australian business to have an MoU for medicinal cannabis research with a Japanese organization" stated Cannatrek CEO Tommy Huppert. "Cannatrek has the manufacturing capability to supply the highest quality of medicinal cannabis products for domestic and international markets via our Shepparton facility. The facility recently received Good Manufacturing Practice (GMP) accreditation which further enhances export opportunities".
What's next: Under the MoU, the framework for cooperation encompasses several key areas including agronomic research, training resources for clinicians, pharmaceutical supply chain, e-healthcare, navigating regulation and compliance, and connecting experts in the field.
Benzinga Cannabis Conferences are coming to Los Angeles. Join the Benzinga Cannabis Market Spotlight: California, and unlock the future of cannabis at the premier networking event in Culver City on February 22. Connect with top industry leaders, gain insider insights into the investment landscape and shape the evolving markets in California and beyond. Don't miss this chance to be at the forefront of the cannabis industry's growth and innovation! Join now.
Photo: Courtesy of Mitch M via Shutterstock
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Cannabis is evolving—don’t get left behind!
Curious about what’s next for the industry and how to stay ahead in today’s competitive market?
Join top executives, investors, and industry leaders at the Benzinga Cannabis Capital Conference in Chicago on June 9-10. Dive deep into market-shaping strategies, investment trends, and brand-building insights that will define the future of cannabis.
Secure your spot now before prices go up—this is where the biggest deals and connections happen!