The Greens say legalising cannabis could net the government $28bn tax revenue in nine years, but there are a few hurdles
To get anywhere, the bill would need government support and Labor hasn’t yet given any indication it would throw its weight behind the legislation.
Growing, possessing, selling and/or using cannabis remains illegal in Australia, although the precise law varies from state to state . Below are the fines/sentences for possession/use of cannabis.Maximum penalty of up to two years’ imprisonment and/or a fine up to $2,200 for possession/use. The legalise cannabis bill would “provide for the registration of cannabis strains, the regulation of cannabis and the establishment of the Cannabis Australia National Agency”.
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