Emerging Markets

Missed economic opportunities if hemp industry isn’t allowed to flourish, experts say

[6 July/NBR] According to experts, New Zealand was at risk of missing out on economic opportunities if it didn’t change regulations to allow the hemp industry to flourish.  Industrial hemp was forecast to be a $75 billion global industry by 2025. Hemp is grown in New Zealand for fibre and hemp seed oil. Law changes...

Tasting the Impossible Burger with Air New Zealand

[3 July/NZ Herald] Business Premier customers travelling on Air New Zealand’s LA to Auckland haul will be offered the Impossible Burger for the next three months. It is a plant based innovation that is designed to save the planet. It has become a phenomenon in the U.S food tech industry for achieving the impossible, a...

AUT signs deal with PharmaCann to develop locally-made, cheaper medical cannabis

[28 June/The Country] Auckland start-up, PharmaCann, signed a deal with the Auckland University of Technology in a bid to produce cheaper locally made medicinal cannabis. Pharmacann hoped the partnership would help develop high quality cannabis products that were a fraction of the price of existing cannabis medicines in New Zealand. Founder, Chris Fowlie, was confident...

East Coast banana growing venture taps into taxpayer funding

[25 June/Stuff] Te Taraiwhiti, a new banana venture, hoped to capitalise on New Zealand’s love for bananas. According to Statistics New Zealand, bananas were the most popular fruit in New Zealand. Taxpayer funds have been given to help develop a banana growing industry centred on Gisborne. This would add to the already thriving banana growing...

Zealong Tea debuts ‘The Transformer’ at Fieldays

[14 June/NZ Herald] Zealong made its debut at Fieldays with a world first tea farming machine nicknamed The Transformer. The tea estate made a wide variety of export teas from oolong to botanical beverages. It worked with a French manufacturer to develop the custom tractor. Zealong General Manager, Gigi Crawford, said it could do almost...

What’s New Zealand’s answer to Impossible burger?

 [1 June/NBR] The Ministry for Primary Industries and Plant and Food’s joint report assessed consumer response to protein and highlighted the opportunity for New Zealand’s traditional animal-based agriculture. Animal-based protein export revenue accounts for 60 percent of the country’s total primary exports. The report said while animal proteins continued to appeal to traditional consumer preferences,...

Cannabis companies to put themselves in ‘best light’ at inaugural summit

[21 May/Stuff] Business people hoped to make profits from a legal home grown cannabis industry. iHemp Summit Chairman, Richard Barge, said two parliamentary bills to allow the use of medicinal cannabis and the sale of hemp-based food made it the right time to hold the summit. Submissions on the Misuse of Drugs Amendment Bill closed...

National organic standard consultation underway

[15 May/Rural News] Organics Aotearoa Chairman, Doug Voss, urged members and the organic community at large to participate consultation process launched by the Ministry of Primary Industries to support a proposal for a national organic standard. Agriculture and Food Safety Minister, Damien O’Connor, said in New Zealand there was a range of voluntary standards that...

The homegrown ‘My Food Bag’ version for our pets says it can hold out against Amazon’s effect

[6 May/Stuff] Amazon has recently joined the multi-billion dollar pet food industry by creating its own line of kibble. Kiwi pet food subscription company Feed My Fur Baby Founder, Ben Rennell, said New Zealand consumers were different from American retailers in that they valued home grown products and quality. Mr Rennell added it would take...

Eel could be back in the menu as ‘clean’ meat

[26 April/NZ Farmer] Mahurangi Technical Institute Founder, Paul Decker, said cellular agriculture is an exciting technology that is worth pursuing. The technology sees animal meat able to be grown in fermentation tanks rather than raising animals for slaughter. A single gram of cells taken from a live animal can be grown to produce 10,000 kilograms...

Thousands register interest in medical cannabis venture share offer

[27 April/NZ Herald] Thousands of people have registered an interest in a share offer to raise up to $2 million for a medical cannabis venture, Waipu Investments. Waipu Investments is a vehicle created by Hikurangi Enterprises for ventures in natural health products. Subject to a medical cannabis licence being granted, the funds would be invested...