The TGA’s decision to down schedule CBD before Christmas will see medicinal cannabis manufacturing revenue grow by more than six times in FY21, according to consumer research firm IBISWorld.

It predicts revenue will grow to A$31.2 million in FY21, up from $5.4 million in FY20.

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Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...

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3 Comments

  1. The recent legalisation of hemp for food, and cannabis for medicine, have only started the tip of the iceberg for cannabis jobs in Australia. Adult-use legalisation is the last piece of the puzzle and will bring a tidal wave of jobs – but it won’t happen until then. There is a short window of opportunity for Australians who love cannabis and want a job in the industry to get ahead of the curve before legalisation happens.

  2. I have been trying to get CBD oil with no luck. My doctor says I have to see a pain management specialist – very expensive. I have degenerative osteoarthritis as well as fibromyalgia and neurological problems from truck driving for 22years. Ruined my spine.

    1. Hi Darren, have you tried getting a referral from your GP to see a cannabis clinic? I can recommend CDA, approval was quick and it was an easy process. CBD works great for my condition.