ANALYSIS-For now, Australia's plans for cannabis market dominance are more smoke than fire
Contributed by NAMPA / Reuters.
By Colin Packham
SYDNEY, Jan 14 (Reuters) - When Australia said this month it
would allow exports of medicinal cannabis in a bid to dominate a
global market set to be worth $55 billion by 2025, investors
scrambled to buy shares in marijuana companies - pushing several
of them, and the sector as a whole, to record highs.
But convoluted and restrictive licensing demands,
substantial finance requirements and a guarded medical
profession means even Australia's lar ...