Emerging Markets

Poll shows 75 percent of Māori support cannabis legalisation

[03 March/Radio NZ] A Horizon Research poll for TV Three’s ‘The Hui’ programme found 75 percent of 620 Māori surveyed would vote for legalising cannabis if a referendum was held tomorrow. Of the remaining, 14 percent would vote against and 11 percent were unsure. The poll found those under the age of 55 years were...

Hemp deal to spin green yarn

[16 January/Farmers Weekly] New Zealand Yarn and Hemp NZ have formed a new strategic partnership to be the catalyst for market-leading hemp fibre processing. NZ Yarn is owned by Carrfields Primary Wool (CPW) and independent investors, which include farmers and wool growers and it makes high-quality, spun woollen yarns for the carpet industry and global...

Up in smoke: Kiwi cannabis firm in liquidation as founders battle

[15 January/NZ Herald] Kiwi cannabis firm Medicann has been placed into liquidation. Current year losses for the business were $808,859. The company was originally founded by cannabis industry investor Ross Smith, cannabis seed expert Luc Krol and businessman Brendon Ogilvy, in March last year. Tauranga GP Dr Franz Strydom acted as the chairperson of the...

Kiwis want cannabis law to go further – study

[9 December/NZ Herald] A recent survey of 2000 New Zealanders suggests new cannabis laws do not extend far enough. The survey was conducted by Horizon Research, between November 27 and December 6, concludes Kiwis want broader access to medicinal marijuana and for cannabis-derived products to be regulated like other medicines. In late November, the Misuse...

Sunfed dings Air NZ for choosing US-made Impossible Burger, pushes its new Bull-Free Beef

[22 November/NZ Herald] Fresh from its $10 million capital raise, Sunfed is calling for Air New Zealand to adopt its soon to be available Bull Free Beef. Air NZ added the Impossible Burger to its LA-Auckland flights in July as one of three main course options for business class passengers. The move attracted criticism from...

Cannabis buyers get option to ‘buy New Zealand-made’

[21 November/Stuff] The Buy New Zealand Made Campaign has licensed a medicinal cannabis manufacturer to use the New Zealand Grown logo. Auckland-based Helius Therapeutics is the first grower in the emerging sector to be approved to carry the New Zealand Made Kiwi logo on medicinal products derived from cannabis grown in New Zealand once they...

Taxpayer, Stephen Tindall chip in as chicken-free chicken maker raises $10 million

[15 November/NZ Herald] Auckland-based start-up, Sunfed Food, which currently makes a chicken-substitute made from chickpeas, has announced that it has raised $10 million in a Series A funding round. The round was led by Australian venture capital fund Blackbird Ventures, which now holds an 11 per cent stake in the company. Sir Stephen Tindall’s K1W1...

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...