The Australian Parliamentary Budget Office has found that legalizing cannabis throughout the nation would be worth nearly $2 billion a year for the government, according to a Guardian report. The Green Party has proposed a plan to tax-and-regulate cannabis for adults, which, according to the PBO, would raise $3.6 billion over the first four years beginning in July 2019, based on a 25 percent excise tax.

Under the plan, Australia‘s government would act as a wholesaler but citizens would be allowed to grow up to six plants in their home. The PBO bases their estimates on production license fees of $3,500 and annual fees for producers of $2,300. They estimated that recreational users would purchase 3 grams per week.

Greens leader Richard Di Natale said the proposal “would fully fund drug education and treatment programs and provide a much needed funding boost” for hospitals and Medicare.

“We need to get real about cannabis. Almost 7 million Australians have used cannabis despite currently risking a criminal record for doing so. As a drug and alcohol doctor, I’ve seen the ‘tough on drugs’ approach causes enormous harm. It drives people away from getting help when they need it and exposes them to a dangerous black market.” – Di Natale to the Guardian

According to one 2016 survey, less than half (47 percent) of Australians supported legalizing cannabis; however, that figure is pushed to 55 percent when legalization includes a taxed and regulated regime like alcohol and tobacco.

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  • Marijuana Marketing Xperts

    Marijuana Marketing Xperts is a division of V Digital Services that focuses solely on digital marketing for the marijuana industry. Our services include SEO, Website Design & Development, Programmatic Advertising, Print and Social Media. What makes us unique is our cannabis programmatic advertising network designed specifically to reach audiences interested in medical and recreational marijuana wherever they are.

  • Fast Capital Financing

    FCF understands the importance of financial stability to ensure the success of your business. That's why we offer loan options delivered by our expert business advisers so you can worry less about working capital, and more about what really matters - running your business! We work with all credit scores and offer an easy online application. You can receive a decision in as little as 24 hours! Contact us now to speak with one of our business advisers.

  • Nutraceutical Facility Solutions, LLC

    Nutra FS is a full-service cannabis facility planning and construction management firm. We create successful plans for various permit applications, including administrative, conditional use, building, health, and fire. Our diverse team will help carry you through to your project realization with services offered for cGMP, feasibility, design/build, workflow efficiency, technical writing for local and state applications. You have a vision. We have a solution.

  • Hay & Associates

    We are a full-service Accounting firm licensed in CA. We offer a broad range of services for business owners, executives, and independent professionals. We are affordable, experienced, and friendly.

  • Sapphire Risk Advisory Group

    Sapphire is an organization of professionals whose careers are centered on the science of preventing crime and increasing pro-business results through the implementation of controls and processes. Our vision is to create environments that are crime adverse due to strategic planning and foresight. Sapphire will be in your corner with advice and counsel as long as your organization is continuing to grow.

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