Announced: Australian Medical Cannabis Industry Development Strategy

Australia’s first ever Medical Cannabis Industry Development Strategy has today been unveiled, with its aim being to move the emerging Victorian medicinal cannabis industry into an established sector.

The strategy sets the goal of Victoria supplying half of Australia’s medicinal cannabis by 2028 and creating up to 500 jobs.

While visiting Monash Medical Centre today, Minister for Health Jill Hennessy and Minister for Agriculture Jaala Pulford also announced an expansion to Victoria’s early access scheme. The imported medicinal cannabis product which has already been offered to 29 children with severe intractable epilepsy will now be expanded to 60 children.

The Victorian Government also plans to offer Victoria’s locally produced product – when it is ready – to an additional 30 children.

Victoria’s scheme has already helped children see a reduction in seizures and has significantly improved their quality of life. Victoria was the first state in Australia to legalise access to medicinal cannabis for those in exceptional circumstances in 2016.

The signing of a landmark MOU between Agriculture Victoria and Canadian company Canopy Growth Corporation will focus on best approaches to strain development, cultivation, manufacturing and education.

Further details in the Victorian Government Press Release and the Industry Development Plan: Developing a Medicinal Cannabis Industry in Victoria 2018-21.