Australia had already opened a legal medical cannabis industry, with dispensing legalised in 2016 and export deals showing a growing regulated market, but adult recreational use still sat outside any national licensing scheme. The Greens used that gap, and earlier budget costings for a taxed legal market, to introduce the Legalising Cannabis Bill 2023 to legalise adult use and create a federal regulator for imports, growing, manufacturing and sales, but the Senate voted the bill down in November 2024, leaving recreational cannabis laws with the states and territoriesThe separate Australian jurisdictions that already control most drug laws, which critics said made the bill constitutionally risky..
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20 Oct 2016
AFR reports stock surge after medical-cannabis law change
The report said a cannabis company’s shares surged after a recent legal change allowing medical cannabis dispensing for patients with life-threatening conditions, while adult recreational use remained outside a national legal market.
Australian Financial Review ↗
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22 Apr 2018
Parliamentary Budget OfficeThe parliamentary body that produced costings the Greens used to argue a legal cannabis market could raise revenue. costs a legal cannabis market
The Greens said independent costings showed legal adult cannabis could raise revenue and cut some law enforcement costs, giving the idea a national fiscal argument.
Australian Financial Review ↗
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20 Jan 2021
Australian medical cannabis producer lands a $92 million export deal
The deal showed a regulated cannabis industry was already operating commercially in Australia even though recreational use remained illegal.
Australian Financial Review ↗
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10 Aug 2023
Greens introduce the Legalising Cannabis Bill 2023
Senator David Shoebridge introduced a bill to legalise adult recreational cannabis nationwide and set up the Cannabis Australia National AgencyThe proposed federal regulator that would license cannabis growing, manufacturing, import, export and sales under the bill. to license and regulate the trade.
Hansard ↗
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27 Nov 2024
Senate votes down the bill at second readingThe main vote on whether the Senate accepts a bill in principle; this bill was defeated at that stage.
The bill's second readingThe main vote on whether the Senate accepts a bill in principle; this bill was defeated at that stage. was negatived after the government and coalitionThe opposition party grouping referred to in the debate, made up of the Liberal and National parties. opposed it, so federal law was not changed and recreational cannabis remained governed by existing state and territory laws.
Parliamentary timeline ↗