The Narcotic Drugs Amendment Bill was passed by the Australian Federal Government in February 2016, legalizing medical cannabis in the country and establishing a licensing scheme for its cultivation and manufacture. The export of medicinal cannabis products was legalized in February 2018 through the Narcotic Drugs Amendment (Cannabis) Regulations 2018.

As of February 2025, there were 41 approved medicinal cannabis cultivators and producers (of which 40 are allowed to cultivate and produce, and 25 are allowed to manufacture), 27 licensed medicinal cannabis product manufacturers and 35 licensed importers. TGA data shows that since its legalization, over 2.7 million prescriptions for the drug have been issued – either through Authorized Prescribers or through the Special Access Scheme.

Cannabis Jobs Australia estimates there will be 50,000 cannabis jobs in Australia by 2028. Australia’s legal cannabis market is forecast to grow from around US$600 million in 2024 to $1.2 billion in 2027, the 5th largest in the world, according to “The Global Cannabis Report: 5th Edition”.

In the Oceania Cannabis Report – produced by London-based advisory group Prohibition Partners – the Australian recreational cannabis market could be worth $3.5b by 2028 if legalized.

Australia’s Parliamentary Budget Office estimates that the legalization of recreational cannabis would bring $28 billion worth of tax revenue.

EXECUTIVE SUMMARY
  • Project Scope

  • Market Opportunities

  • Start-up Summary

  • Financial Projections

COMPANY DESCRIPTION
MARKET OVERVIEW
  • Global Market Overview

  • Cannabis in Oceania

  • Cannabis Legalization in Australia

  • Cannabis Sector Projections and Perspectives

  • SWOT Analyses

STRATEGY & IMPLEMENTATION
  • Marketing Plan

  • Cannabis Directories

  • Competition

  • Target Customers

  • Sales Forecast

OPERATIONAL PLAN
  • Location/Facilities

  • Cultivation Method/Equipment

  • Physical Security Plan

  • Quality Assurance

  • Packaging and Labeling

  • Transportation

  • Tracking Solution

ORGANISATIONAL STRUCTURE & MANAGEMENT
FINANCIAL PROJECTIONS
  • Funding Analyses

  • Direct and Operational Costs

  • Profit & Loss Forecast

  • Cash Flow Statement

  • Balance Sheet

  • Main Ratios

APPENDICES
  • Income Statements, monthly

  • Cash Flow Statements, monthly

  • Floor Plans

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Cannabis Business Plan Sample Australia

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Australia Cannabis Business Plan Sample