Chinese-owned firm Yongji Health takes over Tasmanian Botanics cannabis farm
One of Australia’s largest cannabis cultivators is now almost entirely owned by Chinese-owned firm Yongji Health. Company documents show Yongji, a subsidiary of a Guizhou-based company, has taken full control of Pijen, which owns more than 95 per cent of the shares in Tasmanian Botanics. Yongji was already a part-owner in Pijen but purchased the … Read more