Emerging Markets

New Zealanders biggest consumers in favour of sugary drinks tax, poll reveals

[10 November/NZ Herald] A new UMR poll commissed by the University of Auckland suggests that New Zealand’s biggest consumers of sugary drinks are leaning towards putting a tax on their fizz.  The survey found that 80 per cent New Zealanders aged between 18 and 30 were in favour of a sugar tax. Public health researcher...

Luxury cashmere produced here in South Otago

[12 November/NZ Herald] Pilot production of the first New Zealand grown cashmere garments is being heralded as a milestone for the country’s fledgling cashmere industry. In January this year, New Zealand Cashmere (a business founded by Clinton farmers David and Robyn Shaw) announced it had entered into a partnership with Untouched World and Woolyarns to...

Cannabis start-up Helius Therapeutics lands Auckland’s first cultivation license

[31 October/NZ Herald] The Ministry of Health has informed Helius Therapeutics that its application for a cannabis cultivation license has been successful. The company becomes the third company to be issued a license but the first based in Auckland. The company recently secured $15 million in investment from a small group of investors, led by...

Hemp cookies to hit market as NZ legalises sale of seeds as food

[6 November/Stuff Business] The government announced on Tuesday that hemp seeds will in future be treated as just another edible seeds as the Misuse of Drugs (Industrial Hemp) Regulations 2006 and the Food Regulations 2015 will be amended from Monday 12 November. Hemp flowers and leaves will not be permitted to be sold as food....

Kiwi Cannabis start-up Zeacann calls in help to raise $20 million in funding

[29 October/NZ Herald] Zeacann is a New Zealand start-up that is looking for a $20 million investment for its projects in the cannabis market. It has initiated a capital raising that will target wholesale investors to grow the business. Zeacann Founder, Chris Fowlie, said the funds would be used to build two hybrid greenhouses in...

Kiwi firm Craft Meat Company launches meat-free mince

[29 October/NZ Herald] The Craft Meat Company has developed a 100 percent plant-based mince which is made from mushrooms, tomato, almonds, coconut oil, and soy protein. It is expected to reach store shelves soon. Co-owner, Grant Howie, said the company decided to launch the meat-free mince after he had taken an ownership interest in the...

Two investors, including former Fonterra executive, join Kiwi company boosting nutrition in food for elderly

[11 October/TVNZ] Two investors joined the Pure Food Co which aimed to boost nutrition in food for the elderly. Synlait Founder, John Penno, and Maury Leyland Penno who worked at Fonterra were welcomed to the company. John Penno would be the chair of the Board of Directors. It was founded in 2013 after Sam Bridgewater...

Taranaki farmers reap benefit of keen appetite for quinoa

[8 October/Radio NZ] Kate and Hamish Dunlop had the idea to start growing quinoa five years ago. They now grow the food on part of their sheep and beef farm in Taranaki. They planted their first crop three years ago, and have found it relatively easy with good yields. Mr Dunlop said it was not...

Inside Helius Therapeutics’ cannabis-manufacturing lab in East Tamaki

[9 October/NZ Herald] Southeast Auckland was chosen as the growing and transforming sight for Helius Theraputics. They were the country’s first commercial cannabis company. Leasing a 1 hectare space in East Tamaki they are creating a state of the art facility. Helius Co-founder, JP Schmidt, said they were delighted to have secured the facility that...

Marvellous legumes, the powerhouse plants for pastoral production

[5 October/Stuff] Legumes are emerging as an opportunity to drive production, particularly in dryland and hill country environments. Having nodules on their roots that contain nitrogen-fixing bacteria, they can use water efficiently and are becoming increasingly important as the environmentally friendly way of introducing nitrogen to pastures. Research trials have focused on the management of...

Hawke’s Bay-hosted future of food conference set to shock the tastebuds

[28 September/NZ Herald] Over 100 business representatives would meet to look into the future of alternative food sources. Scorpions were up high on the agenda. Business Hawke’s Bay Chief Executive, Carolyn Neville, said findings from a report needed to be socialised with a bigger group of people to look at the global trends and opportunities....

NZ maple syrup industry ‘possible and promising’

[17 September/Stuff] New Zealand academics believe the country could develop a maple syrup industry despite mild climate and no sugar maple forests. The research determined a plantation of maple saplings was a possible and promising endeavour in New Zealand. Holes are drilled into mature maple trees and natural presses within the trees flow the sap...

Hikurangi Cannabis country’s first company to be granted medicinal cannabis licence

[26 August/NZ Herald] Hikurangi Cannabis has been issued with a licence by the Ministry of Health which enables it to breed cannabis strains to be used in medicines. Co-founder, Manu Caddie, said it was an important milestone for the company, adding that being able to execute the business in Ruatoria was particularly special. Hikurangi Cannabis...

Big US beef index job for Dunedin’s AbacusBio

[20 August/The Country] AbacusBio is rebuilding the selection indexes for the American Angus Association. The association is the world’s largest beef cattle society. AbacusBio Partner, Jason Archer, was thrilled they were chosen for the work. The association has more than 25,000 members. The work being done by AbacusBio meant it would affect billions of dollars’...

Solar boom ‘bringing hundreds of jobs’ to Queensland’s Darling Downs

[19 August/ABC News] A renewable energy boom across the Darling Downs in Queensland has reinvigorated the region’s economy as farmers have turned to wind and solar farming. One council approved one wind and 11 solar projects worth AUD6 billion. Western Downs Regional Council Mayor, Paul McVeigh, detailed the projects in the pipeline. Hundreds of jobs...

NZ could lead the way

[6 August/Rural Life] New Zealand Merino Company Chief Executive, John Brakenridge, believes plastic pollution has brought the world to a crossroad. He thought New Zealand had an opportunity to take a global leadership position in finding solutions. He said seventy percent of the world’s clothing was made from plastic and it was one of the...

Medical cannabis industry aims to match the billion-dollar kiwifruit sector

[27 July/NZ Herald] MediCann is a cannabis company that aims to build an agricultural industry to match the kiwifruit sector. It plans to follow a similar growing and cultivation model to Zespri’s.  Managing Director, Brendon Ogilvy, said it had exclusive New Zealand rights to more than 30 medically certified cannabis strains. He added the company...

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...