You are correct. Medicinal cannabis is referring to the use of CBD (produced from hemp and cannabis), where as recreational cannabis is focused on THC. Two different drugs that can come from the same plant, however it's generally one or the other, you won't get high percentages of THC and CBD. Historically the levels of THC were 2% but through selective growing, it's more like ~20% today in the 'back yard plant'. Although commercial companies have grown much higher % of THC in the plant. The CBD level might be ~0.5% in a plant producing ~20% THC.
THC is what people are most interested in and CBD is purely for medical benefits. This resource might be helpful.
https://www.healthline.com/health/cb...ical-structure
CannaSouth is interested in both THC and CBD for the medicinal properties. It shouldn't actually be effected by the referenda given it's for 'medicinal use', which is already legal.