Australian MMJ Could Be a $100M Industry

If Australian states all legalize medical cannabis, the combined industry could be valued at upwards of $100 million, according to a research paper by the University of Sydney Business School.

Though that may not seem like much – given that Colorado alone sold almost $1 billion last year – it could be a solid start, especially since Australia is home to 23 million people.

The research paper, which was reported by Business Insider Australia, was based on data from worldwide legal marijuana markets, including Israel, Canada and the Netherlands, and gauged potential demand in

Australian MMJ Could Be a $100M Industry is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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Australian MMJ Could Be a $100M Industry
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