As Holden continues to wind down local manufacturing and prepare to close up shop for good in late 2017, a new group has expressed interest in the soon-to-be-vacant factory.
No, it’s not a Belgian billionaire who wants to continue making Zeta-based Holden Commodore, it’s the Australian Cannabis Corporation (ACC). According to Car Advice, the group has pointed to the Holden factory as a potential place to grow medical marijuana crop, which it says can spur billions of dollars in revenue.
Currently, marijuana is not legal in Australia, but measures have been approved to relax certain regulations and laws. The ACC says South Australia could “become the next Colorado”, referring to the state’s passing of recreational use in 2014. Since its passing, Colorado has earned millions in tax revenue.
The ACC says it could create 2,500 new jobs and generate $800,000,000 annually if it has its way. Of course, this all depends on local government further relaxing laws to make marijuana completely legal.
ACC founder Ben Fitzsimons hopes government officials will take a closer look at the proposal and embrace new ideas for the country.
“Why is our thinking restricted to digging a hole in the ground in the desert and burying nuclear waste? he asked, adding “there are guys out there trying to do innovative stuff but they keep hitting the wall.”
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