Australia: Cannabis farming future
QUEENSLAND could become a major producer of cultivated cannabis for medicinal treatment.
On October 17, the Australian Government announced that "the Commonwealth intends to develop amendments to the Narcotic Drugs Act 1967 that will establish the authority, within the Department of Health, to regulate the cultivation of cannabis for medical and scientific use required under the Single Convention on Narcotic Drugs 1961 ... cannabis material cultivated in Australia may then be used to conduct clinical trials and develop therapeutic products to be used in accordance with the Therapeutic Goods Act 1989".
Minister for Health Cameron Dick welcomed the Federal Government's move.
"As a Queenslander, we've got the agriculture know-how, the climate, the medical expertise to harness this potential industry," he said.
"I think it's an exciting opportunity, should the Federal Government pursue that, for Queensland.
"I know Forbes magazine has indicated that by 2018 the value of authorised medicinal cannabis...
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