1. Understand the regulatory and legal requirements. Do market research. Australia Cannabis Legalization The Narcotic Drugs Amendment Bill was passed […]
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With domestic cannabis production surging by 154% and imports skyrocketing by 959% – alongside exponential growth in patient prescriptions – demand for medical cannabis in Australia appears to be strong and poised for sustained upward momentum.
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New Zealand’s medical cannabis supply has surged in recent years with THC-dominant products now making up the majority of prescriptions. The country’s cannabis industry – including the potential adult-use market – could be worth more than $1.5 billion.
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Australia’s hemp industry is experiencing a remarkable resurgence, with plantings soaring by 119% from 2023 to 2024, driven by booming demand for sustainable construction materials and nutrient-rich hemp foods.
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New Zealand’s new reforms – which eliminate licensing requirements for hemp cultivation and handling, raise the THC limit to 1%, and permit whole-plant utilization – bring it closer to unlocking the full potential of its hemp sector.
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Cannabis Legalization in New Zealand On December 11, 2018, the New Zealand Parliament passed the Misuse of Drugs (Medicinal Cannabis) […]
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