Australia

Thu
16
May

Weed Week: Will Australia fear to tread where NZ steps with cannabis legalisation?

The New Zealand government has drawn the outline of the kind of recreational marijuana use it wants to see, including an age limit of 20 and regulation on how potent legal cannabis products will be allowed to be.

Interestingly, it includes a focus on making cannabis a health issue by noting that an increase in investment in health and social services will be required from any tax placed on pot products.

In Australia, constitutionally, adult use or recreational cannabis is a state — not a federal — prerogative, so it could be a state that moves first on this issue.

Tue
14
May

Nations going to pot: Where cannabis is legal around the world, and where it isn’t

Check out the interactive map here.

Canada, the second nation to legalize recreational marijuana after Uruguay, appears to have had a global impact as more nations come on board.

New Zealand plans a referendum on legalization during next year’s election and Mexico also appears headed that way.

Luxembourg is poised to become the first European country to legalize recreational marijuana, and South Africa is moving in that direction. Israel’s Parliament approved a law allowing exports of medical marijuana. Thailand legalized medicinal use of marijuana, and other Southeastern Asian countries may follow South Korea’s lead in legalizing cannabidiol, or CBD

Tue
07
May

Australia urged to legalize recreational cannabis

Companies in Australia highlighted the $1 billion that Colorado has earned from taxing adult-use cannabis. There are five times as many people living in Australia and Bernberg urged the Australian government to follow suit in order to boost its economy.

Mon
06
May

Legalising cannabis in Australia could create $1 billion in tax revenue, says expert

Countries around the world have started moving towards cannabis legalisation, ending a decades-long and arguably failed war on the drug.

While there have been a few benefits listed for cannabis, it seems as though the government that legalises it can reap massive rewards as well.

New figures from The State of Legal Marijuana Markets report show Canada has received $1.3 billion in tax revenue from the drug and experts reckon we could have similar figures here.

Mon
15
Apr

Australia's first ever crop of taxpayer-funded pot: Historic medical marijuana greenhouse opens in Sydney

Australia's first ever tax-payer funded medical marijuana greenhouse has opened in Sydney.  

The Federal Government relaxed medical cannabis restrictions in March 2018, paving the way for the greenhouse's creation.  

The medical marijuana grown by the NSW state government and will be used to treat those with severe medical conditions such as cancer and epilepsy.  

Fri
12
Apr

Aleafia Health increases strategic investment in Australian LP

Read entire article here.

Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) has increased its strategic investment in CannaPacific Pty. Limited (“CannaPacific”), a medical cannabis company that is federally licensed to cultivate and research cannabis in Australia.

Fri
12
Apr

Australian-first study trialling cannabis with residents with dementia

A West Australian study is investigating the impact of medicinal cannabis on the quality of life and behaviours of aged care residents living with dementia.

The study is being conducted by the Institute of Health Research, which is based at University at Notre Dame Australia’s Fremantle campus, in partnership with Israel-based pharmaceutical company MGC Pharmaceuticals.

Lead researcher Dr Amanda Timler said the study aimed to improve the quality of life of participants and relieve any negative symptoms associated with dementia.

Dr Amanda Timler

Wed
10
Apr

An Australian perspective on legalising medical cannabis

Minister for Health Greg Hunt provides an insight into Australia’s experience with legalising medical cannabis, three years on.

In 2018, two years after Australia legalised the growing of cannabis for medical and scientific purposes, Minister for Health Greg Hunt announced that the federal government was to allow the export of medical cannabis products in an effort to secure both long-term supplies for patients and the development of the domestic cannabis industry.

Here, Hunt tells Health Europa more about the decision, outlines the measures that have been put in place to ensure patients can access the medicines they need, and reflects on what other countries can learn from Australia’s experiences with legalisation.

Tue
09
Apr

Australian Horticulturist spared jail time for growing unusable cannabis

An Australian man caught growing cannabis has managed to evade a jail sentence after a judge determined that his plants were unusable.

On September 19, 2018, police conducted a search at a farm in Balingup, Western Australia where 37-year-old horticulturist, David Giumelli was working.

During the search, officers discovered 39 small cannabis plants, five seedlings, and ten mature plants.

Police also found more than 316 grams of loose cannabis material in a hydroponic shed where some of the plants were growing and 30.2 grams inside the house, reports the Kalgoorlie Miner.

Fri
05
Apr

Aussie cannabis blooms in Asia as THC paves inroads with Malaysian Government

Sydney-based medical cannabis grower and manufacturer THC Global (ASX: THC) is buddding in Asia through a new partnership with Malaysian bio-tech company Heleogenics.

Through the partnership, THC's main goal is to liaise with the Malaysian government and push for its legalisation of medicinal cannabis as well as the development of policy frameworks and legislation.

THC will also work with Heleogenics to explore options in other Asian countries where there may be opportunities to enter fledgling cannabis markets.

Heleogenics has pioneered solutions that accelerate the breeding of new varieties of plants, and THC CEO Ken Charteris says it's a coup to have them on board.

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