AUSTRALIA CANNABIS CONSULTANTS
Higher Yields Cannabis Consultants offers a full range of cannabis consulting services all over the world, including Australia. Our vertically integrated consulting system offers a complete roadmap from startup to scaling and expansion of your cannabis-related business. If you have any questions please contact us online to schedule an initial consultation or call (844) HI-YIELD.
Australian Regulations for Medical Cannabis
Australia went about the legalization of medical cannabis in the opposite way as the United States. Instead of legalizing medical cannabis on a state-by-state basis, it was legalized on the federal level, leaving each state to choose its own approach. Under the Narcotic Drugs Act 1967, cannabis is considered an illicit narcotic drug, but in February of 2016, the Narcotic Drugs Amendment Act 2016 decriminalized and provided regulations for the cultivation, sale, and use of medical cannabis.
The Australian medical cannabis industry is regulated by both the federal and state governments. The federal government regulates cultivation and production, and the states or territories regulate the products, and the access patients have to them.
The Office of Drug Control (ODC) issues licenses and permits for cultivating medical cannabis and ensures that the cannabis is only used for what is granted under the license or permit. The quality of and access to cannabis is regulated by the Therapeutic Goods Administration (TGA). The TGA and ODC form the Health Products Regulation Group under the Australian Government Department of Health.
DISPENSING MEDICAL CANNABIS IN AUSTRALIA
Australia doesn’t have a program for dispensing medical cannabis. It is distributed like any other prescription medication at a regular pharmacy. Recently some private healthcare clinics have started that exclusively focus on medicinal cannabis products.
Future Prospects for Medical Cannabis Business in Australia
Although Australia is years behind the United States in the cannabis industry, companies are getting in on the action. With local governments encouraging job creation and an increase in cannabis prescriptions by medical practitioners, cannabis farming in Australia is on the rise. Higher Yields offers a wide range of cannabis facility design-build services as well as cultivation engineering services.
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Licenses and Permits for Medical Cannabis in Australia
Becoming a legal medical cannabis business in Australia is a multi-step process, and it requires both a license and a permit. A license allows you to set up your business, but until you apply for and receive a permit, you cannot legally grow cannabis.
There is a range of considerations for approving a license application, such as:
- Whether the applicant meets the definition of “fit and proper person” (see below)
- Whether the specified site of the business is located in a state or territory that deems it legal
- Whether you have food financial standing, previous experience running a business, and adequate funding sources
- Whether the proposed site of the business has the proper level of security to meet strict requirements
- Whether a medicinal license applicant has an existing contract with a customer who holds a legitimate manufacturing license
The government’s test for “fit and proper person” requires you to provide details about yourself regarding your criminal background information and the suitability of your business associates, friends, and family.
A permit will detail the following:
- The manufacturer or researcher you have a contract with to supply
- The type of cannabis plant you are allowed to grow
- The quantity you are allowed to grow
- The timelines you are required to meet
Australia Cannabis Consulting services
At Higher Yields Cannabis Consulting (HYC), our cannabis experts are here to help you with planning and building your business in Australia. Everyone on our team is well-versed in local as well as international laws on compliance, and we offer services that assist you in building your brand, creating your marketing plan, designing your website and assets, crafting your social media presence, and much more to help your business see success.
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