The following is what is stated with regard to 3 licenses application at
https://www.odc.gov.au/medicinal-cannabis :
There are three types of licences relating to the supply of medicinal cannabis products available:
medicinal cannabis licence authorising cultivation or production or both
cannabis research licence authorising similar process for research purposes
manufacturing licence authorising the manufacture of a drug or product.
All applicants for licences under the Medicinal Cannabis framework will be subject to regulations.
These regulations include detail on the 'fit and proper person' test, which involves consideration of the applicant's criminal history, financial viability, business history and capacity to comply with licensing requirements.
Before any activity under a licence can commence, the licensee will need to obtain a permit, which will set out the types and amount of cannabis that can be grown and/or produced and the types and quantities of medicinal cannabis products that can be manufactured under the licence.
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If I am not wrong, the subsidiary entity Candeo is solely responsible for the application of all 3 licenses. It has obtained 2, why can it not get the 3rd based on the same personnel?