The world’s largest medicinal cannabis company, Canopy Growth Corporation, is to set up its Southern Hemisphere headquarters in Victoria, which legalised use in limited circumstances in 2016.
The $16 million cultivation and production hub, expected to create more than 200 jobs, eventually aims to export the product overseas.
In 2017, Victorian premier Daniel Andrews’ government released their medicinal cannabis strategy, aiming to have Victoria supplying half of Australia’s demand for the product by 2028.