Dr. Walker questions the Treasurer on potential revenue from cannabis legalisation, referencing reports from Nebraska and a previous WA report. The Treasurer states the government has no plans to legalise recreational cannabis.

AnsweredQoN 1292Legislative Council
Asked
23 October 2024
Portfolio
minister representing the Treasurer

QuestionView source ↗

MEDICAL CANNABIS — LEGALISATION
1292. Hon Dr BRIAN WALKER to the minister representing the
Treasurer:
I refer the Treasurer to recent
reports out of Nebraska, a state with two-thirds of our own population, where
it is estimated that the legalisation of medicinal cannabis alone—which
is currently under debate—has the potential to generate over $US925 million
worth of new economic activity in the coming decade.
(1) Has the Treasury had an opportunity to consider
the report I tabled here in Parliament more than a year ago —what
I call the ''Missing Budget Paper''—suggesting that the
legalisation of cannabis for adult use could generate as much as $1.25 billion
over just four years of the forward estimates; and, if not, why not?
(2) Will the minister request Treasury's views
on the report prior to the next state election so that the voting public
can properly appreciate the fiscal opportunity that the Cook Labor government
seems intent upon squandering?

AnswerView source ↗

I thank the honourable member for
some notice of the question. This answer has been provided to me by the
Treasurer.
(1)–(2) The
government does not plan to legalise the recreational use of cannabis.

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