8 Apr 2022

Public Funding for Medicinal Cannabis Company

From Lately, 10:25 pm on 8 April 2022

$13 million dollars of public money will be invested in a medicinal cannabis company. Puro which grows cannabis across 10 hectares at two sites in Marlborough, has started a 5 year 32-million-dollar growth project - to develop production systems, increase plantings and explore export markets. Visiting the business this morning, Minister Damien O'Connor committed to giving13 million dollars to it - through the Sustainable Food and Fibre Futures Fund. Dr Waseem Alzaher is the CEO of Cannabis Clinic - he says its good news for jobs and exports but does very little to serve the needs of people in New Zealand wanting to unlock the benefits of cannabis products.