Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Hemp Industry Assn Pleased With Progress

New Zealand Hemp Industries Association Inc

“We are very pleased with the progress made by the current government towards establishing a hemp industry ” said Mr Mac McIntosh, Chairman NZHIA and we would like to congratulate the Minister, the Labour/Alliance Government and the Green party on finally allowing trials to go ahead.

New Zealand Hemp Industries Association Inc (NZHIA) held their annual general meeting in Wellington on Saturday the 21st of April with Several speakers talking about the economic potential for Industrial Hemp in New Zealand. Speakers included David Musgrave, Chairman of Waihi Bush Organic Farm, Deputy Chair NZHIA, who is excited by the governments’ announcement clearing the way for trials of industrial hemp. “We have been waiting a long time to investigate the harvesting, processing and markets for hemp seed oil and other food products said Mr Musgrave.

Waihi Bush Organic Farm produces very high quality flaxseed oil and has the technology to process hemp seed oil as soon as the raw product is available. WB intends to trial substantial plots of Industrial Hemp this spring.

Hemp seed oil contains high amounts of Omega-3 and other unusual Essential Fatty Acids, which have widespread therapeutic applications. There is an immediate demand for this product in the domestic market.

Mr Musgrave notes that “ Hemp oil’s essential fatty acid content is the perfect compliment to our existing flax seed oil product.

Additionally the high quality of oil seeds produced in Canterbury suggests that there is excellent potential for developing export markets for hemp seed oil and food products.

The exceptionally high EFA content of locally grown flaxseed has attracted interest from many overseas markets. Waihi Bush Organic Farm is currently exporting flaxseed oil to Malaysia, Singapore and Australia. There is every reason to expect the hemp seed trials to show the same high quality results.

Hemp seed can be also be used as a replacement for soy beans in food products. This is particularly welcome at a time when concerns about poor mineral absorption and digestion associated with soy based products have been raised.

Hemp fibre also has many useful applications and Lindsay Newton of New Wool Products, Nelson talked about the potential for use in insulation material. His company has investigated the use of hemp fibre and wool blends as an insulating material and the results are very promising. “The thermal insulation is as good as fibreglass and the acoustic insulation four time better than fibreglass, with none of the potential health problems associated with breathing in fibreglass particles. New Wool Products have already been approached by Canada and Great Britain to supply processing machinery for their well-established hemp industries.

Rod Donald from the Green Party also talked about the Hemp Industry in France, which he studied on his recent visit to France. “France never stopped growing Hemp, so has a well developed industry and an excellent range of cultivars,” said Mr Donald. Mr Donald also said that the political will and resources are now available and with time a successful hemp industry can and will be developed, which will help bolster rural New Zealand.

The NZHIA have established relationships with appropriate industry resources, including the Foundation for Arable Research and New Zealand Plant Breeders Ltd, based at Lincoln University.

This developing umbrella organisation is set to provide the structure and skills to ensure any trials coordinated by the NZHIA will minimise cost and maximise benefits to the wider community.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news