The Australian Greens are proposing to legalise cannabis with plans to issue licenses for its production and sale.

Greens leader Richard Di Natale said Australia’s war on drugs has caused tremendous harm and pointed to a recent poll showing that 55 per cent of Australians believe cannabis should regulated and taxed like alcohol or tobacco.

It is believed that regulating cannabis will give government more control and increase government revenue, which can be used to fund drug prevention and treatment.