The CEO at Vivienne Court Trading, Rob Keldoulis, has recently bought a medicinal cannabis farm in Tasmania, The Australian Financial Review has reported.
Keldoulis paid $3 million for a 44.26 hectare cannabis farm which is located in the Northern Midlands Region of Tasmania – 30km south of Launceston.
Keldoulis bought the farm off ASX-listed medicinal cannabis and industrial hemp business ECS Botanics, who reported losses during the past two financial years.
The purchase of the farm was made by Keldoulis’ business, Blue Buffalo. The farm is licensed to produce 2.5 tonnes of medicinal cannabis a year.
Keldoulis has been in the spotlight recently as the biggest solo donor to the teal independent political candidates during the recent Federal election in Australia.
Source: The Australian Financial Review.
