Australia is picking up the speed in its legalization efforts…

The United States and Canada are clearly leading the pack in cannabis legalization, but Australia is working on carving out a profitable niche for itself in the global cannabis market.

Australian company Little Green Pharma just completed its first-ever commercial export of medical cannabis oil to the United Kingdom, and now the Australia Health Department is proposing to move CBD to a Schedule 3 substance from a Schedule 4 substance.

With a Schedule 4 substance in Australia, it’s only available with a prescription. With a Schedule 3 substance, no prescription is required as long as it meets a few conditions.

That opens up a whole new market for CBD companies.

It also proves that legalization is spreading beyond North America and that the global market for cannabis is just starting to sprout.

If you’re interested in the global cannabis market, make sure to bookmark our “Globalization” page.

Take care,


Joining the NICI Community

The National Institute for Cannabis Investors was launched to give you unprecedented access to the cannabis industry.

We’re talking about hearing from CEOs directly while your neighbor is stuck reading quotes in Yahoo Finance.

Executive Director Don Yocham not only interviews CEOs of publicly traded companies, but he also taps into his vast network of contacts to interview executives of promising startups.

Just take a look:

Now, while all of that content is now free for all of our subscribers, it was only fair to share the Fire and Flower video first with our paid-up members.

With NICI Subscription, not only do you receive our Virtual Pitch Deck session each month, but we also send new trade alerts straight to your inbox, access to our five wealth-building guides, our quarterly State of the Industry, and much more.

You are free to learn about joining the NICI community right here.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *