Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search


Kiwi Medicinal Cannabis Pioneers Agree To Work Together

New Zealand medicinal cannabis sector leaders, Kāriki Pharma and Puro have signed a landmark agreement to work together to produce some of the world’s best medicinal cannabis products.

Puro are a Marlborough based medical cannabis grower, with growing sites at Waihopai and along the Kaikoura Coast at Kekerengu. Kāriki Pharma has a strong focus on the research and development of New Zealand made cannabis pharmaceuticals and taking them to the world.

Kāriki Pharma CEO, Steve Wilson, says the Memorandum of Understanding with Puro will enable them to be a world leader in the manufacture of life-changing medicinal cannabis products.

“For us, it’s important to be able to purchase high-quality flower from the best guys in the business, and we think that in New Zealand, that will be Puro. They have the expertise, they have amazing growing sites, and they’re our kind of people. Puro can grow exactly what we need.”

Puro managing director, Tim Aldridge is equally excited about the future for this partnership.

“At Puro, we’ve always been clear that our focus is growing the world’s best medicinal cannabis – this partnership will guarantee Puro’s premium medicinal cannabis is manufactured into premium pharmaceuticals.”

Steve Wilson says Kāriki Pharma will create a wide range of medicinal cannabis products to the highest globally recognised standards, and already has supply agreements in place with international buyers.

“Working with a company like Puro that has the same goals as us is a win-win. Our collaboration means we can each focus on our areas of expertise and push the envelope to build a range of the world’s best premium medicinal cannabis.”

Steve Wilson says it’s an exciting time to be involved with medicinal cannabis and the partnership with the Puro team will see them able to make leaps and bounds in the development of products.

“It’s not very often you get to be involved in the birth of a new game-changing industry for New Zealand and the world.”

© Scoop Media

Business Headlines | Sci-Tech Headlines


Auckland Transport: Successful Bridge Repair Opens Two Additional Lanes To Traffic

The opening of two additional lanes on the Auckland Harbour Bridge this morning will help relieve some motorway congestion for motorists heading home to the North Shore tonight. More>>


Statistics New Zealand: COVID-19 Sees Record 12.2 Percent Fall In New Zealand’s Economy

Gross domestic product (GDP) fell by 12.2 percent in the June 2020 quarter, the largest quarterly fall recorded since the current series began in 1987, as the COVID-19 restrictions in place through the quarter impacted economic activity, Stats NZ said ... More>>


Climate: Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances ... More>>


MPI: Independent Review Launched Into Assurances For Safe Transport Of Livestock By Sea

The Ministry for Primary Industries (MPI) has launched an independent review of the assurances it receives for the safe transport of livestock by sea. MPI Director-General Ray Smith says Mike Heron QC has been appointed to lead the review, which is expected ... More>>


Computers: New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand

COVID-19 had large impacts on demand for PCs as businesses prepared for lockdowns by purchasing notebooks to mobilise their workforce. In the second quarter of 2020, New Zealand's Traditional PC market experienced a 39.7% year-on-year (YoY) growth ... More>>


University Of Auckland: Whale-Watching By Satellite – Follow Their Travels Online

Scientists have successfully attached satellite tracking tags to six New Zealand southern right whales, or tohorā, and are inviting the public to follow the whales’ travels online. Part of a major research project involving the University of Auckland ... More>>

Commerce Commission: Kiwibank Admits System Failures And Agrees To Pay Customers $5.2 Million

Kiwibank has entered into a settlement agreement with the Commerce Commission after reporting that it failed to have in place robust home loan variation disclosure policies, procedures and systems. In a settlement dated 27 August 2020, Kiwibank admitted that ... More>>

Ministry of Health: Public Transport Distancing Requirements Relaxed

Physical distancing requirements on public transport have been reviewed by the Ministry of Health to determine whether they are still required at Alert Level 2 (or below). The Ministry’s assessment is that mandatory face covering and individuals tracking ... More>>


NZHIA: New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs. Written by industry strategist Dr Nick Marsh, the report has prompted calls from the New Zealand Hemp ... More>>


Stats NZ: One In 14 Employed People Report High Risk Of Losing Jobs

About one in 14 workers say they expect to lose their job or business by mid-2021, Stats NZ said today. A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business ... More>>

ASB Quarterly Economic Forecast: NZ Economy Doing Better Than Expected, But Challenges Remain

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More>>