Australia medical marijuana boom: Treasurer weighs up Coast plan

ADAM Benjamin's goal of turning the Sunshine Coast into a world leading supplier of medicinal cannabis is a step closer with a Bill tabled in the Queensland Parliament.

And on Thursday Mr Benjamin has a meeting with Queensland Treasurer Curtis Pitt to discuss his company Medifarm's business model.

The new Bill, announced by Premier Annastacia Palaszczuk, will establish the framework for the prescription, dispensing and administration of the drug.

Mr Benjamin said the timing of the Bill and the meeting with Mr Pitt was "better than perfect".

He was confident medical cannabis would be a "huge industry with many job and export opportunities".

"There is the projection for a big tax revenue," he said.

"When we can start to export it, it will really open it up. It will be a hundred million dollar industry."

But medical practitioners, such as respected GP Wayne Herdy, remain concerned about the potential abuse...

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