Although the cannabis market has taken a decline in Australia since 2018, as Australia gets closer to cannabis reform, companies like the Cann Group (ASX:CAN) and THC Global (ASX:THC) are already ramping up operations in anticipation of growing local and international demand.
Although the cannabis market in Australia is undervalued at the moment, with growing public demand and with reform in it’s future, the market will certainly boom with domestic and export opportunities.
“This is not a rare substance, this is incredibly commonplace across Australia and I think it’s time we change our drug laws.” – Michael Pettersson, Labour Member
Read all about it here:
4 Reasons to Invest in the Australian Cannabis Market | The Green Fund