About Medical Cannabis

One of the world’s fastest growing ‘billion-dollar’ sectors, legalised medical cannabis has opened export opportunities including Canada, the United States, Israel, Australia, Brazil, Germany and Italy.

Canada

  • New laws legalising recreational marijuana came into effect on 1 July 2018.
  • Canada is the largest federal jurisdiction in the world and the first G7 country to legalise cannabis consumption.
  • Legal recreational cannabis sales in Canada could generate up to $4.34 billion in 2019.

United States

  • The legal marijuana industry (both medical and recreational) in the United States is regarded as one of the fast-growing industries in the world.
  • The sale and possession of marijuana for both medical and recreational use is legal in 9 US states (as of January 2018).

Australia

  • On 4 January 2018, Federal Government Health Minister Mr. Greg Hunt outlined the Government’s plans to allow the export of medicinal cannabis products from Australia.
  • 21 ASX-listed Cannabis companies across various industries such as recreational, medical and nutraceutical

Europe

  • 11 legal medicinal cannabis markets including Germany, Poland, Portugal, and the Czech Republic