Tasmanian Alkaloids’ have opened up a new medicinal cannabis facility in the central-north region of Tasmania. It will cultivate, extract, and create medical cannabis medications, with up to 90 tonnes each year.
As the use of medicinal cannabis is growing, not only in Australia, but worldwide, this article lists the top 20 cannabis companies within Australia, and notes what their market capitalisation is estimated at.
According to new research by Prohibition Partners, the growing legalisation in Australia is likely to lead the market to being the largest legal cannabis market in the Oceania area. Figures are expected to reach $1.5 billion by 2025.
