Australia’s MMJ market likely to develop slowly, with big players dominating

420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com

By Bart Schaneman

Cannabis entrepreneurs hoping to enter Australia’s new medical marijuana market will confront obstacles at the federal and state level, with industry observers predicting a limited number of big companies will come to dominate the business.

Australia’s MMJ market also is expected to develop slowly, given complex licensing procedures and strict, costly regulations.

MMJ dispensaries will be absent from the market, under rules unveiled by the federal government on Oct. 30. Instead, pharmacies will sell MMJ to patients, who must get a doctor’s prescription to receive the medicine.

Growers will face stringent licensing requirements. And before

Australia’s MMJ market likely to develop slowly, with big players dominating is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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