ABC Report: Hemp growers are taking medical cannabis to the black market, says Australia’s largest hemp seed food producer

CANNANNEW REPORT

This is what happens when you only regulate to enrich a small amount of companies, their shareholders and keep politicians in a position where they can play the law and order card which as this story proves, does not work and ends up in abject failure. Watch this story on ABC TV’s Landline at 12:30pm on Sunday, or on iview.  Well done the ABC for filing the report. Industrial hemp growers in New South Wales are flouting the law to produce medical cannabis products for the black market, according to the head of Australia’s largest hemp seed food producer. Key points: A major processor of hemp seed food warns that industrial growers in New South Wales are supplying medical cannabis to the black market The TGA last year allowed CBD products to be sold over the counter, but none have yet been through the approvals process New South Wales police says it works with regulators to monitor the hemp industry  but would not confirm any active investigations Paul Benhaim is the non-executive director of the global group Elixinol Wellness, which owns Hemp Foods Australia. He claims licensed hemp growers are producing cannabidiol or CBD products for a booming wellness market, even though under Australian law the hemp byproduct is a prescription-only medicine. Paul Benhaim runs Australia’s largest hemp seed food producer.(Supplied: Paul Benhaim ) “I’m aware of a lot of people who have made a significant amount of money from selling CBD that they’re producing from industrial hemp grown in Australia,” Mr Benhaim said. While CBD prescriptions doubled to about 10,000 a month this year, he believed the black market in Australia was about 10 times larger. “It’s common knowledge in the northern New South Wales area that CBD is available at many places,” he said. “Many places are claiming it to be…

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Source : ABC Report: Hemp growers are taking medical cannabis to the black market, says Australia’s largest hemp seed food producer

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