LeafCann says it will employ more than 1000 people at its Adelaide cultivation, research and manufacturing facility.

“Adelaide is known as the Amsterdam of the Southern Hemisphere,” says Ben Fitzsimons, recalling his thought process nearly half a decade ago, as he considered how he might establish a medicinal cannabis industry here.

“I watched what was happening in Colorado and Oregon and thought if the opportunity to change mindset existed … it seemed like a worthy proposition.”

Both US states legalised recreational cannabis in 2014, and had seen spectacular economic results.

During the first year, the Government of Colorado made $130 million in new tax revenue from recreational cannabis alone.

Australian lawmakers were far from ready for that significant a change in mindset, but a change was coming...



Read the full article: https://indaily.com.au/news/business/2019/08/27/is-south-australia-finally-nearing-its-medicinal-cannabis-boom/