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Australian Farmers Look to Tap Continental Opportunities as Cannabis Laws Ease


The marijuana business in Australia is booming, with farms in the country expanding to capitalize on growing demand. Estimates show that global legal marijuana spending may hit $153 billion by 2027. This is quite an increase, especially when compared to the $56 billion spent in 2022.

While most of the growth has been driven by consumers of recreational marijuana in the United States, companies in Australia are focusing on the…

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