Why the Australian cannabis industry is smoking hot right now

  • 📰 abcnews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 83%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Most medicinal cannabis consumed in Australia is imported from overseas, but the industry is hoping that is about to change.

Confidence in the future of Australia's domestic cannabis market has companies spending big.

However, many of these rules and regulations are being streamlined according to Josie Hamlett, the compliance and logistics officer at Tasmanian Botanics."We definitely have a lot of hoops to jump through, working in the industry that we do … particularly in some cases when federal and state legislation doesn't align," she says.

Although the use of medicinal cannabis is growing in Australia, most cannabinoid products aren't recognised as therapeutic goods by the TGA. "[Medical professionals] haven't gone through that usual path of learning about how cannabinoids work, what you prescribe them for, how you prescribe them, what you should be monitoring for in terms of adverse events and side effects," she says.However, Dr Bonomo says change is coming.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Then the ABC should stop buying up all their product

Since it’s still a cash crop for organised crime and a reason that many enforcement agencies have access to high budgets AND that there are people in power being paid off by sellers/distributors; it will be a long time before it’s legalised as a recreational drug in Australia.

It should be legalised.

Will I live long enough for it to be available to me? That's the question. Should have moved somewhere like Holland decades ago - would have avoided so much pain.

when will it be actually accessible though?

Because it's a great product!

Ever heard of violent pot heads? Either have I. Decriminalise the stuff FFS.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines