Categories: aggregated

Australia is Punting Away $250 Million a Year in Tax Revenue by Not Legalizing Cannabis Says New Study

Unfortunately, Australia seems to be delaying cannabis legalization and each year that they don’t they are losing out on $250 million. As of now, legislation has been introduced by the Greens to parliament with the hopes of legalizing pot around the country. The legislation is still out for public consultation though should it be given the green light, it would allow cannabis to be sold and regulated for adult use throughout the countries. In doing so, it would join the many US states who have done so successfully, as well as several other nations.

Jason

Share
Published by
Jason

Recent Posts

5 Cannabis Christmas Recipes to Try This Holiday Season at Home or the Office Party!

To help make your holidaze more "dazey," I've crafted five festive recipes that combine seasonal…

10 hours ago

The Grinch Stole SAFE Banking from the Cannabis Industry This Christmas, Yet Again!

As of December 2024, it has become official: the current Congress will not provide any…

1 day ago

What Federally Illegal Drug Has Created Almost $10 Billion in Sales Tax Revenue for States in the Last 40 Months?

In a significant development for the burgeoning cannabis industry, the U.S. Census Bureau has reported…

3 days ago

Are MSOs Just Big Pharma on Steriods? – Anti-Pot Florida Governor Says Large Cannabis Companies are Just Drug Companies Part 2

The ongoing debate over cannabis legalization in Florida reflects broader national trends regarding marijuana policy.…

4 days ago

2024’s cannabis award-winners and where to buy them

Shop the winners near you. The post 2024’s cannabis award-winners and where to buy them…

5 days ago