ELECTION 2020: Business case for legal cannabis not cut and dried

ELECTION 2020: Business case for legal cannabis not cut and dried
Brent Melville
Licencing fees, harm reduction and social equity levies, excise duty and GST could price operators out of consumers’ reach in what should be a ready-made $1.5 billion legalised cannabis market.Commercial modelling by think tank Business and Economic Research Ltd, prepared for the Ministry of Justice, shows the cost of legitimising the recreational cannabis industry could come in at about $10 per gram of processed cannabis by the time it makes it to point of sale.This would be one of the world’s highest costs, but that will still nee...

More Retail

Baby Bunting's NZ teething over, posts earnings growth
Retail

Baby Bunting's NZ teething over, posts earnings growth

Baby Bunting plans to open its fifth New Zealand store by year-end.

Gregor Thompson 18 Aug 2025
Crowdfunders told to expect loss as Peoples Coffee sold
Retail

Crowdfunders told to expect loss as Peoples Coffee sold

"I wanted the business to be owned by the people."

Gregor Thompson 14 Aug 2025
JB Hi-Fi continues NZ charge, plans three more stores
Retail

JB Hi-Fi continues NZ charge, plans three more stores

The electronics retailer wants 26 stores in New Zealand by the end of next year.

Gregor Thompson 12 Aug 2025
Foodstuffs and Woolworths gap grows as crackdown continues
Retail

Foodstuffs and Woolworths gap grows as crackdown continues

Pak'nSave's national market share has increased to 25%, ComCom said.

Gregor Thompson 07 Aug 2025