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The New Daily
The New Daily
Matthew Elmas

Legalising cannabis could earn Australia $28 billion, federal figures show

10 News First – Disclaimer

The Australian government could earn upwards of $30 billion over a decade by legalising and taxing cannabis, according to fresh policy costings from the Parliamentary Budget Office (PBO).

PBO figures published by the Greens this week show a legal cannabis industry could generate $28 billion in public revenue over a decade if taxed at 15 per cent, or $36 billion at 25 per cent.

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