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Keywords: New Zealand

New Zealand cannabis referendum fails by razor thin margin

The “no” side narrowly prevailed in New Zealand’s referendum on a cannabis legalization bill after the final 492,000 votes were tallied, the country’s Electoral Commission announced Friday. One week ago, preliminary results showed a slim majority of voters in New Zealand had rejected the country’s referendum on the proposed bill to legalize and regulate sales […]

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New Zealand seeks proposals to educate doctors on medical cannabis

The New Zealand government has issued a request for proposals to provide the nation’s physicians with a primer on medical marijuana and its use as a medicine. The government hopes the resulting educational publication, or resource, will provide health practitioners with a starting point to understand cannabis and its medical uses. Improved doctor education is […]

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New Zealand extends medical cannabis transition to avoid supply disruption

Medical cannabis suppliers in New Zealand have been given an extension on new product-assessment rules that were set to take effect this month. That development came to light in a Medicinal Cannabis Agency (MCA) communication sent to industry stakeholders after businesses reported difficulties in providing evidence for their existing products. Regulations that went into effect […]

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New Zealand cannabis market estimated at NZ$1.5 billion, 74,000 kilograms

Roughly 74,000 kilograms (74 metric tons) of cannabis is consumed annually in New Zealand’s illicit market, with a retail value of up to 1.5 billion New Zealand dollars ($1 billion), according to newly released research by Wellington-based Business and Economic Research (BERL Economics). New Zealand is holding a referendum in October to ask voters to […]

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New Zealand cannabis company granted license, plans stock listing

Tairawhiti, New Zealand-based Rua Bioscience has received a commercial license to grow and supply cannabis-derived medicines, and is planning an initial public offering to list its shares on New Zealand’s Exchange (NZX), the company announced this week. Rua Bioscience says it is one of the first to be licensed for commercial production after New Zealand’s […]

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MediPharm Labs Australia inks deal to supply New Zealand with medical cannabis

MediPharm Labs Australia agreed to supply a company in New Zealand with white label medical cannabis oil products. New Zealand’s medical cannabis scheme commenced in April. But until the country’s domestic producers are licensed and fully operational, New Zealand will rely on imports to meet demand. New Zealand company Cannasouth Limited will have exclusive rights […]

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New Zealand issues ‘unprecedented’ recreational cannabis bill ahead of referendum

New Zealand released recreational marijuana legislation that is set to be voted on in a nationwide referendum in September. Local business leaders are calling the proposed legislation – the Cannabis Legalization and Control Bill – “world-leading” for provisions that would reserve market share for micro-cultivators, prioritize indigenous-run business and allow for consumption lounges. However, the […]

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New Zealand eases prescription requirement for cannabis-based medicine Sativex

Doctors in New Zealand no longer require Ministry of Health approval to prescribe Sativex, according to a new notice published in the country’s official Gazette – a move that could facilitate access to the pharmaceutical-grade, cannabis-based product. Any move to reduce bureaucratic-level processing of cannabinoid prescriptions is seen as a boon for patient access as well […]

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New Zealand commences medical cannabis scheme

Key guidance material and forms for New Zealand’s medical cannabis program have been published, and the Medicinal Cannabis Agency says it is ready to accept business applications. “The Medicinal Cannabis Scheme has now come into effect,” the agency wrote in an email to stakeholders. The commencement of the program is consistent with the government’s projection […]

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New Zealand allows cannabis vaporizers approved by overseas regulators

New Zealand has followed through with its plan to update a rule banning certain cannabis vaporizers ahead of the launch of the country’s medical marijuana program in April. The move is expected to create a market for compliant vaporizers, since the country’s upcoming regulations prohibit medical cannabis products being sold in a form intended for […]

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New Zealand cannabis scheme on schedule for April launch despite COVID-19 pandemic

The coronavirus pandemic sweeping the globe is not expected to affect the initial launch of New Zealand’s medical cannabis scheme, which is set to take effect April 1, a government official told Marijuana Business Daily. Other jurisdictions – notably Mexico – have pending cannabis industry legislation that faces near-certain delay because of measures taken to combat COVID-19. […]

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