Patients Book a Consult Pharmacists Order here

Legalising cannabis could earn Australia $28 billion

By legalising and taxing cannabis, the Australian government could generate over $30 billion in a decade, as per the recent policy costings from the Parliamentary Budget Office (PBO).


The New Daily

This week, the Greens published PBO figures indicating that a legal cannabis industry could produce $28 billion in public revenue over a decade if taxed at 15%, or $36 billion at 25%.


Under a proposal suggested by the Greens, a new federal agency would control cannabis prices and serve as an intermediary between growers and a closely regulated retail sector.


Australia, like many other countries, has a changing relationship with cannabis, which was first prohibited by Canberra in 1926.



Policymakers play a critical role in regulating access to medicinal cannabis. We offer evidence-based research and expert insights to inform policy decisions and support safe and effective use of medicinal cannabis.

Work with us

Please contact me to discuss a collaboration with government


Apply for research information

Request valuable research insights direct from the Cannatrek team.


Request legislation information

Request the legislation information we have produced and collated.