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LC LSIC Inquiry into Use of Cannabis in Victoria Submission 1262 Inquiry into the use of Cannabis in Victoria Organisation Name: Your position or role: SURVEY QUESTIONS Drag the statements below to reorder them. In order of priority, please rank the themes you believe are most important for this Inquiry into the use of Cannabis in Victoria to consider:: Criminal activity,Mental health,Education,Social impacts,Accessing and using cannabis,Public health,Public safety,Young people and children What best describes your interest in our Inquiry? (select all that apply) : Individual,Academic and research Are there any additional themes we should consider? That cannabis is something many people are in jail for That cannabis has many good effects That cannabis can help with mental health That cannabis has never caused any deaths That cannabis would make the governement a lot of money Select all that apply. Do you think there should be restrictions on the use of cannabis? : Personal use of cannabis should be decriminalised. (Decriminalised: there are no criminal or civil penalties instead a person is referred to a drug diversion program or other health/ treatment service),Personal use of cannabis should be legal. ,Sale of cannabis should be legal and regulated. ,There should be no restrictions. ,Other – please explain. YOUR SUBMISSION Submission: https://www.google.com/amp/s/www.ponderingpot.com.au/national/cannabis-could-generate-2-billion-each- year-for-australia/%3Famp https://nadk.flinders.edu.au/kb/cannabis/cannabis-crime/how-many-cannabis-related-arrests-are-there-each- year-in-australia/ https://www.healtheuropa.eu/health-benefits-of-cannabis/92499/ Do you have any additional comments or suggestions?: That alcohol has much for damaging effects than cannabis does but it is still illegal Cannabis is a healthier alternative and also isn’t man made compared to pharmaceutical drugs which there are many deaths on There have been 0 deaths FILE ATTACHMENTS 1 of 29 LC LSIC Inquiry into Use of Cannabis in Victoria Submission 1262 File1: 5f43f7f26fa09-99AE68E1-2CA1-4B1A-90EB-9AC2082673DB.png File2: 5f43f7f2723b9-7F5798E7-36BB-4976-A60D-01E7F8DCA622.png File3: 5f43f7f272904-9E097440-D4AC-4742-BA16-58D8352D7F4E.png Signature: 2 of 29 LC LSIC Inquiry into Use of Cannabis in Victoria Submission 1262 AUSTRALIAN CANNABIS NEWS Cannabis Could Generate $2 Billion Each Year for Australia Jun 27 — by Mike F One of the most discussed benets of Australia legalising recreational cannabis is the potential tax revenue. What’s not so often talked about, is the actual projected amount of tax revenue. So, let’s get into the numbers. Thankfully, some wonderful folks in the government want to legalise cannabis, just like us. And they’ve already worked out the tax benets Australia and its states could realise with legalisation. Senator Richard Di Natale of the Greens prepared a Policy Costing for the Parliamentary Budget Ofce in 2018. Detailing the nancial implications of legalising recreational cannabis in Australia. Here are the results. Year Cannabis Excise Company Tax GST 2019 - 2020 $1.36 billion $450 million $490 million 2020 - 2021 $1.37 billion $400 million $490 million 2021 - 2022 $1.35 billion $350 million $480 million 2022 - 2023 $1.32 billion $210 million $490 million 2023 - 2024 $1.29 billion $210 million $470 million 2024 - 2025 $1.37 billion $230 million $500 million 2025 - 2026 $1.52 billion $230 million $560 million 2026 - 2027 $1.61 billion $230 million $590 million 2027 - 2028 $1.73 billion $250 million $620 million 3 of 29 LC LSIC Inquiry into Use of Cannabis in Victoria Not only would it generate vast revenues, but he estimated legalisation would save the Australian Federal Police $25 millionSubmission each year 1262 in various expenses. In the end, if we’re speaking from only a monetary position, the benets resulting from cannabis legalisation in Australia is massive. If recreational cannabis is legalised, Australian could generate more than $20 billion in the next 10 years in tax revenues and savings. This is just one of the many reasons Australia should re-legalise recreational cannabis. Several assumptions were made to come to those gures, including: The average recreational cannabis user consumes 3 grams per week Legalisation of cannabis would result in increased demand over time Cannabis tourism from overseas visitors would account for 10 percent of total sales On top of that, due to the nature of cannabis and its readily available black market in Australia, there is a level of unsurety as well. There is a high level of uncertainty in this costing as there is limited information available to estimate the level of consumption of recreational cannabis or the market place. Read through the full policy costing here. Stay informed with the latest cannabis news in Australia. Your email SUBSCRIBE 4 of 29 LC LSIC Inquiry into Use of Cannabis in Victoria Submission 1262 FACEBOOK TWITTER LINKEDIN WHATSAPP REDDIT TA G S : BUSINESS GOVERNMENT LEGALISATION 1 COMMENT Mark REPLY JUNE 27, 2020 AT 9:37 PM 2 billion a year on recreational , what about Hempcrete re proof building products and the fact you can make plastics aswell , my dream is for Australia to make our own electric cars made from cannabis now thats awesome. LEAVE A REPLY Write your comment... Name * Email * POST COMMENT M I K E F LATEST POSTS Mike is one of the lead editors at Pondering Pot. He's an advocate for legalising cannabis in Australia, and covers much of the latest cannabis news in the country. YOU MIGHT BE INTERESTED IN 5 of 29 LC LSIC Inquiry into Use of Cannabis in Victoria Submission 1262 Creso Pharma surges on back of US bill to Cannatrek announces plans to enter Germany’s United Nations reschedules cannabis in historic decriminalise cannabis medical cannabis market vote STAY INFORMED LATEST CANNABIS NEWS Creso Pharma surges on back of US bill to decriminalise cannabis Your email Dec 8 SUBSCRIBE Why hemp paper shouldn’t remain history Dec 7 Cannatrek announces plans to enter Germany’s medical cannabis market Dec 5 Ground-breaking study busts dangerous driving and medical cannabis myth Dec 3 LATEST FROM NATIONAL Creso Pharma surges on back of US bill to decriminalise cannabis Over the past month, Creso Pharma (ASX:CPH) has surged more than 635% Why hemp paper shouldn’t remain history Changes by the Food Standards Australia New Zealand legalised the production of Cannatrek announces plans to enter Germany’s medical cannabis market Australian-owned medical cannabis company Cannatrek has unveiled a partnership that allows them Ground-breaking study busts dangerous driving and medical cannabis myth A ground-breaking study from the University of Sydney shows that medications containing Scammers use Maggie Beer’s face in fake CBD oil ad Celebrity chef Maggie Beer has warned her followers that her image and 6 of 29 LC LSIC Inquiry into Use of Cannabis in Victoria Submission 1262 Stay informed with the latest cannabis news in Australia. Your email SUBSCRIBE Search... © 2020 | Pondering Pot Privacy | Terms | Contact Disclaimer Pondering Pot does not recommend that anyone uses cannabis for medical or adult use purposes unless consulted by a medical professional. Cannabis is a drug and may have negative side effects. Please consult with your doctor to nd out if cannabis is right for you. 7 of 29 LC LSIC Inquiry into Use of Cannabis in Victoria Submission 1262 Skip to Knowledgebase Navigation The National Centre for Education and Training on Addiction Search the knowledgebase... Sitemap References Contact NCETA about the NADK How many cannabis-related arrests are there each year in Australia? Cannabis arrests account for the greatest number of illicit drug arrests in Australia. In 2017-18, there were 72,381 cannabis arrests in Australia. Of these, 92% were consumer arrests and 8% were provider arrests. Cannabis arrests in Australia (by arrest type) Source: Australian Crime Commission (2019). Illicit Drug Data Report 2017-18. Consumer Arrests: The Australian Crime Commission differentiates between people who have been apprehended for trading in, as opposed to using, illicit drugs. Those charged with user-type offences (possessing or administering drugs for their own use) are classified as consumers. Provider Arrests: The Australian Crime Commission differentiates between people who have been apprehended for trading in, as opposed to using, illicit drugs. Those charged with supply-type offences (importation, trafficking, selling, cultivation and manufacture) are classified as providers. Alcohol Cannabis 8 of 29 LC LSIC Inquiry into Use of Cannabis in Victoria Submission 1262 General Cannabis Information Australians' Attitudes Towards Cannabis Use Patterns Cannabis & Employment Cannabis & Health Cannabis & Crime Treatment Cannabis & Young People Methamphetamine Pharmaceuticals Website funded by the Australian Government Department of Health and developed by the National Centre for Education and Training on Addiction, Flinders University. Publications & Resources Glossary of Key Terms About the NADK All content Copyright 2020 NCETA 9 of 29 LC LSIC Inquiry into Use of Cannabis in Victoria Submission 1262 Home Medical Cannabis News Cannabis & CBD Research News Medical Cannabis News Cannabis & CBD Research News News 20 Health benefits of cannabis that everyone should know 22nd July 2019 © iStock/Creative-Family Cannabis can be found in various forms, and the health benefits of cannabis is ever growing, here Tara Leo of CaliExtractions gives us an insight regarding the diverse benefits of the plant. Cannabis contains CBD which is a chemical that impacts the brain, making it function better without giving it a high along with THC which has pain relieving properties. Both substances can be extracted and enhanced for use through short path distillation. Users can get the following health benets of cannabis: Relief of chronic pain There are hundreds of chemical compounds in cannabis, many of which are cannabinoids. Cannabinoids have been linked to providing relief of chronic pain due to their chemical makeup.