Queensland Bauxite Ltd Stock Market Press Releases and Company Profile
Coles Now Selling Hemp Products Provided by MCL
Coles Now Selling Hemp Products Provided by MCL

Sydney, April 19, 2018 AEST (ABN Newswire) - The Board of Queensland Bauxite Limited (googlechartASX:QBL) is pleased to advise that Red Tractor have now supplied hundreds of Coles stores around Australia with various products and oil blends that have hemp ingredients included exclusively supplied by QBL's subsidiary Medical cannabis Limited (MCL) and its hemp seed food subsidiary VitaHemp Pty Ltd (Vitahemp).

Exposing Hemp Foods to a mass consumer market who may know little about Hemp, and now see Hemp derived products on a Coles shelf, inspires confidence and provides a win for a bourgeoning Hemp Foods industry, that VitaHemp is now leading. This is a huge step towards assuring and educating the consumer on the safety and health benefits of hemp seed foods, and breaking down the misconceptions and social stigma around the consuming of hemp for its nutritional and health benefits.

Whether it be filling VitaHemp pouches or supplying the core ingredients for other brands, the core quality must remain the same, the very best. VitaHemp is excited, particularly so early in its journey, to report that products created utilising its premium oils and flours are now sitting on Coles shelves.

It all begins with the seed and the quality of the production. VitaHemp is one of the very few Australian companies that have access to hemp seed on a large commercial scale, and is able to commercially bulk produce its oils and flour at a high quality. MCL's processing partner Waltanna Farms had the orders, and with their blending and bottling expertise together we made it happen to ensure that there is now premium hemp ingredients and products on Coles shelves for the Australian consumer of this newly legally recognised superfood.

Andrew Kavasilas, Technical Director of MCL, remarked "The stocking of hemp products in a major supermarket chain such as Coles, is a fulfilment of our vision that we have worked for over the past two decades in pushing towards the legalisation of hemp foods in Australia, so that the average Australian consumer is now exposed to and can now easily benefit from the great health benefits that this superfood provides."


About Queensland Bauxite Ltd

Queensland Bauxite Ltd ASX QBLQueensland Bauxite Limited (ASX:QBL) is an Australian listed company focused on the exploration and development of its bauxite tenements in Queensland and New South Wales. The Company's lead project is the South Johnstone Bauxite Deposit in northern Queensland which has rail running through the project area and is approximately 15-24 kilometres from the nearest deep water port. The Company intends to become a bauxite producer with a focus on commencing production at South Johnstone as early as possible. The Company also pursues additional investment opportunities, and has agreed to acquire a 100% shareholding in Medical Cannabis Limited, an Australian leader in the hemp and Cannabis industries, and a 100% shareholding in Medcan Australia Pty Ltd, a company with an ODC cultivation and production License and a DA approved Cannabis production and manufacturing facility.

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Contact

Queensland Bauxite Ltd
Tel: +61-2-9291-9000

For further information or any queries please email the Company at:
sfeldman@queenslandbauxite.com.au



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