How Cannabis Could Revamp the Christmas Island Economy

It may be thousands of kilometres away from Perth’s corporate heart, but Christmas Island is being eyed off to become home to Australia’s first medicinal cannabis industry.

The planned new direction for the island’s economy has been driven by research from Murdoch University that has debunked the myth that the area is unsuitable for agriculture.

The studies show the island is ideal for growing medicinal cannabis.

The work of Murdoch’s team is so promising, they stand poised to sign a deal to become the research arm of AusCann, a Perth-based medicinal cannabis company chaired by former Liberal MP Mal Washer.

– Read the entire article at ABC News.