Posts tagged "cannabis"

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...

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...

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...

Constellation Brands hops into marijuana beverage market with $191M deal

[30 October/Food dive] Constellation Brands announced it will acquire a 9.9 percent minority stake in Canopy Growth Corporation (CGC). CGC is a Canadian marijuana company. The USD191 million deal will allow Constellation Brands to incorporate cannabis into alcoholic beverages to stay ahead of trends. The company expects cannabis will soon be legalised. Canopy CEO Bruce...