FSANZ approves hemp products as food24th Mar 2017 — Food regulator, Food Standard Australia and New Zealand (FSANZ) has approved low-THC hemp seed products to be used as a food.
THC is the psychoactive component of cannabis and the consumption of the products therefore does not result in the psychological effects associated with high-THC cannabis.
However, the regulator's approval does not mean that the sale of the products can now begin. First, state and territory governments must give their approval.
Supporters of the change are hopeful that approval will be at a meeting of the Council of Australian Governments (COAG) in April. [source]