The Australian authorities plans to allow exports of medical marijuana in an try to seize a bit of rising demand for MMJ worldwide.
Regulations presently banning exports of medicinal cannabis merchandise might be eliminated when Parliament resumes in February, in accordance to ABC News.
The broadcaster reported that the modifications will cowl marijuana-based oils, patches, sprays, lozenges and tablets.
Health Minister Greg Hunt stated his authorities hopes Australia might be “the world’s number one medicinal cannabis supplier.”
One situation for an export allow: Medicinal cannabis be made out there to Australian sufferers first, Hunt stated.
Australia legalized MMJ in 2016.
Australia will face robust competitors in worldwide markets from Canada, which already exports medical cannabis to greater than a dozen nations.
Israel, Portugal, Colombia and Denmark even have their eye on the worldwide market.