International market sparks higher cannabis sales

International market sparks higher cannabis sales
Denmark, Germany, the UK and Australia are key markets being targeted by NZ cannabis companies. (Image: Supplied)
Murray Jones
2025 looks to be the year that New Zealand medicinal cannabis companies break into the international market.The chief executive of Helius Therapeutics, Carmen Doran, said the goal was always to build a global company, but that tight export rules for NZ products made it difficult.“New Zealand is too small a market for what we're doing here.”These rules, which were changed in July 2024, meant products with cannabis-based ingredients could only be exported if they met both the standards of NZ regulators and of the importing nations...

More Primary Sector

Alliance Group on path back to profit
Primary Sector

Alliance Group on path back to profit

It now needs north of $200 million of capital to restore its balance sheet.

Riley Kennedy 23 Apr 2025
Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025