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Australian Federal Govt Increases Cannabis Spending In Annual Budget By Paltry Amount

In what could be one of the most unimaginative budgets of all time buried deep in the budget document is the paltry sum of $1.7 million extra invested from 2020–21 to 2023–24 in the Office of Drug Control.

Apparently  the increased funding will be given over to  to the administration of medicinal cannabis research, cultivation and the manufacture regulation scheme.

In a public statement, the Federal Government said:

“This funding ensures that essential regulatory functions such as the assessment of licence and permit applications and compliance are undertaken in a streamlined and timely manner. 

“This measure will support the continued operation and growth of the Australian medicinal cannabis industry in supplying high quality products to patients both locally and internationally.

“It is important that the cultivation of medicinal cannabis is properly managed to ensure patients who need it benefit from it and product produced under these licences is used for its intended purpose,” said the statement.

The value of the domestic medicinal cannabis industry is approaching $1.8 billion. On 30 June 2020, there were 114 licences in force, including in rural and regional areas. It is expected that up to 140 licences will be in force by the end of 2020–21.

Like all other aspects of this budget, in a time where a little inventiveness, compassion and thinking is needed this smells like jobs for the boys and money injected for liberal party interests.

Let’s see what $AUS1.7 gets you these days in Australia

1 house in posh Sydney suburb, paddington

About 12 of these

Approx 34 Metres Of New Australian Highway

See ABC article.New road at $50k per metre

…..and so on and so forth, it’s paltry and we’d suggest most of it will be swallowed by the inevitable black hole of administration costs

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