Law and regulation

Salters Cartage owner cries poor while nobbling rivals. By Victoria Young

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CareSaver invests in medicinal cannabis, Sharesies

Staff reporters
Wed, 03 Jun 2020

Pathfinder Asset Management’s ethical KiwiSaver plan, CareSaver, has taken stakes in medicinal cannabis company Rua BioScience and online investment platform Sharesies, investing $420,000 and $460,000 respectively.Head of investment Paul Brownsey said the stakes are the scheme’s first foray into unlisted New Zealand companies.“It’s a great side benefit that in the current climate we can provide capital to growing local companies that provide jobs and develop expertise here in New Zealand. We plan to make more of these in...

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