|A Bill for an Act to establish the Regulator of Medicinal Cannabis, and for related purposes|
|For authoritative information on the progress of bills and on amendments proposed to them, please see the House of Representatives Votes and Proceedings,|
The Parliament of the
Commonwealth of Australia
A Bill for an Act to establish the Regulator of Medicinal Cannabis, and for related purposes
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the Regulator of Medicinal Cannabis Act 2014.
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
New CEO of cannabis group Michael Sautman wants Australia to legalise it
Prominent North American legal marijuana industry lobbyist Michael Sautman will be in Sydney early next month to start making his case to regulators after being appointed chief executive of a yet-to-be-named cannabis group that is poised to float on the Australian sharemarket.
Mr Sautman is hopeful that in the future Australians will be able to legally tuck into pot-flavoured cereal for breakfast, eat a hemp-based faux steak for dinner, and smoke a joint in the evening. And he wants to be able to sell them all of those products and more through a suite of cannabis businesses being assembled in a reverse takeover of failing ASX-listed mining hopeful Capital Mining.
“I look forward to working with a range of regulators, legislators, scientists and medical practitioners to help develop a framework for the medical cannabis industry to operate in Australia. This is a process we have a lot of experience in across Canada and the US and are committed to supporting the development of an industry that is safe,” Mr Sautman said.