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

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

Fees, levies, excise and GST  could price operators out of consumers’ reach in what should be a ready-made $1.5 billion legalised cannabis market.

Brent Melville 12 Sep 2020
Hash brownies and high tea; cannabis edibles NZ's next big thing?
Retail

Hash brownies and high tea; cannabis edibles NZ's next big thing?

A legal recreational cannabis market in New Zealand after the Oct. 17 referendum could spawn a host of spin-off commercial initiatives.

Brent Melville 11 Sep 2020
Lockdown restrictions take a new bite out of spending
Retail

Lockdown restrictions take a new bite out of spending

 New lockdown restrictions in Auckland took a bite out of retail card spending. Total seasonally adjusted retail card spending fell 7.9 percent in August compared with July as Auckland entered covid-19 alert level 3, Stats NZ said. Core card spending – which strips out vehicle...

Rebecca Howard 10 Sep 2020
Water bottling billionaire with NZ links now one of China's richest men
Retail

Water bottling billionaire with NZ links now one of China's richest men

Investors were frothing as Nongfu Spring debuted on the Hong Kong stock exchange. But its expansion in NZ remains 'uncertain'.