Tag Archive: Is Australia still up in smoke about marijuana?


on October 6, 2018 in Cannabis News Asia - Pacific

Is Australia still up in smoke about marijuana?

Submitted by Marijuana News Everything’s gone green. With Canada set to legalise recreational weed in just under two weeks’ time, and the US hot on its northern neighbour’s heels, we’re seeing the rapid emergence of a hothouse industry that has far outpaced earlier predictions. According to a report published by Arcview Market Research alongside BDS Analytics, worldwide consumer spending on legal weed is now expected to reach US$57 billion by 2027. Breaking that down, recreational spending is projected to cross the US$35 billion mark, while medical cannabis spending is expected to hit $US19.1 billion. Specifically, the North American segment will account...

Submitted by Marijuana News Everything’s gone green. With Canada set to legalise recreational weed in just under two weeks’ time, and the US hot on its northern neighbour’s heels, we’re seeing the rapid emergence of a hothouse industry that has...

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