12 Jul 2019

Local cannabis growers may not reap any rewards

From Morning Report, 7:25 am on 12 July 2019

Local cannabis growers could miss out on what's predicted to be a multi-billion dollar medicinal cannabis industry.

As the government develops a medicinal cannabis framework, the Minister of Health David Clark is keen to see local companies benefit - with the industry expected to be worth 80-billion dollars by 2025.

But medicinal cannabis companies say hefty licensing fees and restrictions will make it difficult for small-time growers to make money.

Meriana Johnsen reports.