The Narcotic Drugs Amendment Bill was passed by the Australian Federal Government in February 2016, a milestone for medicinal cannabis in the country. The export of medicinal cannabis products was legalized in February 2018 through the Narcotic Drugs Amendment (Cannabis) Regulations 2018.
As of January 2024, a total of 127 licenses have been issued under the scheme: 48 medicinal cannabis licenses (commercial cultivation and production), 44 cannabis manufacture licenses and 35 importer licenses. TGA data shows that since its legalization, a total of 1.4 million prescriptions for the drug have been issued – either through authorized prescribers or through the special access scheme.
Cannabis Jobs Australia estimates there will be 50,000 cannabis jobs in Australia by 2028. Australia’s legal cannabis market is forecast to grow from $52 million in 2018 to $1.2 billion in 2027, the 5th largest in the world, according to the report “The Road Map to a $57 Billion Worldwide Market”.
In the Oceania Cannabis Report – produced by London-based advisory group Prohibition Partners – Australian cannabis market only in medical part is estimated to be worth up to $1.3b by 2028 while recreational part is about $3.5b.
Australia Cannabis Business Plan Sample. Table of Contents.
EXECUTIVE SUMMARY
Project Scope
Market Opportunities
Start-up Summary
Financial Projections
COMPANY DESCRIPTION
MARKET OVERVIEW
Global Market Overview
Cannabis in Oceania
Cannabis Legalization in Australia
Cannabis Sector Projections and Perspectives
SWOT Analyses
STRATEGY & IMPLEMENTATION
Marketing Plan
Cannabis Directories
Competition
Target Customers
Sales Forecast
OPERATIONAL PLAN
Location/Facilities
Cultivation Method/Equipment
Physical Security Plan
Quality Assurance
Packaging and Labeling
Transportation
Tracking Solution
ORGANISATIONAL STRUCTURE & MANAGEMENT
FINANCIAL PROJECTIONS
Funding Analyses
Direct and Operational Costs
Profit & Loss Forecast
Cash Flow Statement
Balance Sheet
Main Ratios
APPENDICES
Income Statements, monthly
Cash Flow Statements, monthly
Floor Plans
We offer professional cannabis business plan templates, including pro forma financials and projections to help you know how much money it will cost to start your business and how much money you can make by starting and operating your 100% legally compliant cannabis business. The Cannabis Business Plan Template includes: Excel financial model that you will be able to edit and customize according to your business needs Word business plan document template, open and editable PowerPoint pitch deck template, open and editable Unlimited support (email)
Australia Cannabis Business Plan Sample
Australia Cannabis Pitch Deck Sample
Australia Cannabis Financial Model Sample
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