Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

AU: "Legalizing cannabis could generate tens of billions in revenue"

Legalizing cannabis could generate $28 billion in taxes, according to the Parliamentary Budget Office, and allow the government to increase the dole by $80 a week.

The Greens have commissioned the PBO to war game the revenue that could flow from legalization, a path embraced by Canada, where marijuana can be bought by adults at government-run stores and licensed private retailers.

It remains a crime in Canada to grow more than four plants at home, smoke in public, carry more than 30 grams or sell to anyone aged 18 or under.

Under the Greens’ plan, you could grow six plants in Australia, but it would remain a crime to sell pot to anyone underage, such as teenagers.

Read more at news.com.au

Publication date: