Australia spends billions ‘failing to police’ cannabis that earns black market $25bn a year, Greens say
David Shoebridge says legalising the drug would bring in $28bn in tax revenue in first decade
Friday, March 17, 2023
Australia’s cannabis industry could be earning the black market $25bn a year and, rather than policing it, we could be gaining revenue from it by legalising it, Greens senator David Shoebridge has said. “Law enforcement is spending billions of public dollars failing to police cannabis, and the opportunity here is to turn that all on its head by legalising it,” he said. In answer to a question from Shoebridge during Senate estimates on how much cannabis Australians consumed, the Australian Criminal Intelligence Commission (Acic) provided data from the nation’s wastewater which found 14.6 kilograms of THC (the psychoactive compound found in cannabis) per thousand people a year.