Australian Drug And Research Giants Are Eyeing Victoria To Grow Medicinal Cannabis Crops
GLOBAL drug and research giants are eyeing Victoria to grow cannabis crops on the back of federal laws allowing for medicinal marijuana products to be developed.
The companies hope to be granted licenses in the coming months and begin growing cannabis within a year.
The law changes, which come into effect tomorrow, allow for fit and proper applicants to cultivate and produce cannabis as medicine or for research.
It follows a move earlier this year in Victoria, where the law was also changed to allow for patients in “exceptional circumstances” to get access to locally produced medicinal marijuana as long as they are overseen by doctors.
A facility set up by the Andrews Government is already growing test crops prior to private company involvement, and children with severe epilepsy will be among the first able to access the new products from next year.
The combination of state and federal law...
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