Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Medicinal Cannabis Bill a welcome step forward

11 December 2018 - New Zealand medicinal cannabis-based products company NUBU Pharmaceuticals says the passing of The Misuse of Drugs (Medical Cannabis) Amendment Bill today is a welcome step forward in addressing patient need in New Zealand.

NUBU CEO Mark Dye says “The passing of the Bill is a much needed advancement and will greatly improve accessibility of medicinal cannabis products for New Zealanders.

“The public has been calling for better access to medicinal cannabis for a long time now, and the passing of the Bill is a great first step in achieving this.

“NUBU was founded on a goal to help people in need access cannabis-based products without having to turn to the black market. Now the Bill has passed we can really get underway in creating products that will help many people, both in New Zealand and overseas,” says Dye.

In October, NUBU announced an exclusive distribution agreement with one of Europe’s leading cannabinoid-based pharmaceutical companies, MGC Pharmaceuticals. The company is now in the final stages of securing a Licence to Deal in Controlled Drugs from the Ministry of Health.

Now the Bill has passed, NUBU is focussed on plans to create its own cannabis products and to build an energy-efficient glasshouse and state-of-the-art manufacturing facility.

As well as creating products for the local market, NUBU plans to develop a range of New Zealand made ‘value-add’ cannabis products to export to consumers in Europe and North America.

“We see huge opportunity for New Zealand with regards to cannabis.

“We are in talks with some of New Zealand’s leading brands and exporters in developing a range of organic CBD-based “value-add” products.

“Cannabis is already commoditised, so as a company we have been focusing on what we can make here in New Zealand, that no one else in the world can. Our product pipeline is incredibly exciting, and our international partners can’t wait for our New Zealand made product to come online.

“Our aim is to make organic, sustainable cannabis-based premium products to share with New Zealand and the world.

“And the great thing is, when we do, everyone wins – the patients will win, the country will win and the industry will thrive,” says Dye.

NUBU has enlisted a consultancy firm in Germany to ensure its manufacturing facility will be built to EU GMP standards – the highest in the world.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On What We Could Do For Hong Kong, If Only We Dared

There has been something repulsive about PM Jacinda Ardern’s assurances that our joint 5 Eyes criticism of China’s actions over Hong Kong – and China’s harsh reaction – are all well understood on both sides. According to Ardern, it has been a case of us saying the sort of things we’ve said before, them acknowledging our need to do so, and then them responding much as we would expect them to do. All neat and tidy. Frankly, if all of this is merely virtue signalling on our part, and huffy declarations of independence on their part, then what’s the point of this diplomatic dance..? More>>


Grant Robertson: Government To Review Housing Settings

New Zealand’s stronger-than-expected economic performance has flowed through to housing demand, so the Government will review housing settings to improve access to the market, the Finance Minister Grant Robertson announced today. “Our focus More>>


Law Commission: Recommends New DNA Laws For Criminal Investigations

Te Aka Matua o te Ture | Law Commission today released a report that recommends a new, comprehensive regime to control how DNA is obtained, used and retained for criminal investigations. The report has revealed significant gaps in the operation ... More>>


National: Leader’s Speech At Annual General Meeting

Good morning delegates. It’s an absolute privilege to be speaking as your leader. I’d like to acknowledge the party president, regional chairs, board members, National Party staff, our MPs, our candidates, and most importantly, you – the delegates, ... More>>


Economy: Crown Accounts Reflect Govt’s Careful Economic Management

The better-than-expected Crown accounts released today show the Government’s careful management of the COVID-19 health crisis was the right approach to support the economy. As expected, the Crown accounts for the year to June 2020 show the operating balance ... More>>


Green Party: Announce Portfolio Reshuffle With Talented And Energised Caucus Team

“The Green Party caucus offers a breadth of talent and energy to the Parliament this term. In ten MPs you have a small business owner, a human rights lawyer, an academic, a climate negotiator, a transport planner, and so much more”, Green Party ... More>>


APEC: New Zealand Ready To Host Virtually

Prime Minister Jacinda Ardern took over the leadership of APEC earlier today, when she joined leaders from the 21 APEC economies virtually for the forum’s final 2020 meeting. “We look forward to hosting a fully virtual APEC 2021 next year. While ... More>>





InfoPages News Channels