Australia’s Medical and Recreational Cannabis Markets

Cannabis continues to be a topic of much interest in Australia, particularly for keen investors who have seen plenty of ups and downs in the market over the past 12 months.

When discussing cannabis from an Australian investment perspective, we are of course discussing medicinal cannabis — an extract of the cannabis plant delivered as a pill, oil, nasal spray or other form used to relieve symptoms of a medical condition.

Recreational cannabis is illegal across Australia with the exception of the Australian Capital Territory, where as of January 31, 2020, adults can hold 50 grams of cannabis and cultivate two cannabis plants.

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