Australia missing out on more than $5 billion by not legalising...

Australia missing out on more than $5 billion by not legalising cannabis use, report finds
_{news.com.au OCTOBER 26, 2018 9:33PM}

SHOULD the recreational use of cannabis be legalised in Australia, the market would be worth more an estimated $5 billion annually.

That’s the finding of in-depth analysis by the global firm New Frontier Data, which looked at current illicit usage rates and comparable global regulated industries to model what a possible future legal marijuana market would look like.

There has been a growing movement calling for recreational cannabis use to be decriminalised, on the back of several American states and Canada.

If Australia followed suit, the total market — combining recreational and medicinal use — would be worth $5.5 billion annually.

https://www.news.com.au/finance/eco...s/news-story/50cef9f897412bdbcdb2ec33aa448c1e

GLTAH
DYOR