Perth-based medical cannabis company Phytotech Medical has completed its $20.7 million merger with Canada-based firm MMJ Bioscience and raised $4.8 million in an oversubscribed placement to sophisticated investors.

Perth-based medical cannabis company Phytotech Medical has completed its $20.7 million merger with Canada-based firm MMJ Bioscience and raised $4.8 million in an oversubscribed placement to sophisticated investors.