How big is the Australia legal cannabis market?

Buy Weed Online Australia legal cannabis market size was valued at USD 51.8 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 30.1% from 2022 to 2030. The growth of the market is propelled by the increasing public knowledge of the health benefits of cannabis intake. The growing legalization of marijuana, mostly for medical purposes, is also expected to contribute to the growth of the market in Australia. Some other primary factors fuelling the growth include the expanding legalization, the growing patient population, additional government support, and the presence of local and foreign players in the country. In cbd oil Australia chemist warehouse , the regulatory framework for medicinal hemp and marijuana is constantly evolving and remains closely regulated. In July 2020, 41.0% of citizens supported legalization, according to the Australian Institute of Health and Welfare. The first city to legitimize personal marijuana growing and possession fo...