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19 Apr 2024 17:31
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  •   Home > News > Politics

    Everyday New Zealanders are investing in a crowdfunding campaign for medicinal cannabis to be grown in Marlborough

    Everyday New Zealanders are investing in a crowdfunding campaign for medicinal cannabis to be grown in Marlborough


    Puro is using the PledgeMe platform and has so far raised 2.9 million dollars.

    That means the company can start growing hemp at its Marlborough site this week.

    Managing Director Tim Aldridge says all sorts of people are wanting a piece of their plans.

    He says a large number of people have invested between five hundred and a thousand dollars, with a significant number investing over 50-thousand as well.

    Tim Aldridge says it's an exciting new frontier of modern medicine - and people are backing New Zealand to be a player in the global market.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     19 Apr: The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem
     19 Apr: The Government's decision to extend the timeframe for earthquake-strengthening work has gained support among Local Government New Zealand
     19 Apr: Auckland Action Against Poverty says it's time to start a conversation about the meaning of work in New Zealand
     18 Apr: German far-right leader Björn Höcke on trial for allegedly using Nazi slogan — his 'extremist' party is one of the country's highest-polling
     18 Apr: Mayor Wayne Brown says he's not convinced rules on earthquake-prone buildings should apply to Auckland, but he welcomes the Government bringing forward a review
     18 Apr: Britain's foreign minister David Cameron says Israel has decided to retaliate against Iran
     18 Apr: A reminder New Zealand is called the Shaky Islands for a reason, following earthquake strengthening deadline changes
     Top Stories

    RUGBY RUGBY
    The country's fastest-ever woman, Zoe Hobbs, insists she's ready for the big lights and atmosphere of an Olympics... after being confirmed for her first Games More...


    BUSINESS BUSINESS
    The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem More...



     Today's News

    Rugby:
    The country's fastest-ever woman, Zoe Hobbs, insists she's ready for the big lights and atmosphere of an Olympics... after being confirmed for her first Games 17:27

    Christchurch:
    Part of State Highway One is closed in Canterbury after a crash involving a truck and three cars that's seriously injured at least one person 17:27

    Entertainment:
    Seth MacFarlane has no "good reason" to stop making 'Family Guy' 17:10

    Motorsports:
    The Supercars are back in the garage at Taupo after just one practice on the new track 16:48

    Entertainment:
    Jimmy Fallon used to do stand-up comedy outside a grocery store as he tried everything "to get famous" 16:40

    Rugby League:
    Warriors and Queensland second-rower Kurt Capewell has joined the chorus of support for Wayde Egan to play in rugby league's State of Origin 16:17

    Entertainment:
    Zendaya "doesn't know" if 'Euphoria' will return for a third season 16:10

    International:
    Solomon Islands election sees prominent China critic regain seat as counting continues 16:07

    Entertainment:
    Two men who claimed to have been tricked into watching 'Yesterday' because Ana de Armas featured in the trailer have settled their false advertising case 15:40

    Rugby:
    Zoe Hobbs insists she's ready for the big lights and atmosphere of an Olympics 15:27


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