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New Zealand is facing a collapse of legal medicinal cannabis supply after March 31, when a deadline to meet stiff new government rules is expected to keep the products of three of the country’s five main importers out of the market, reports NZ Herald’s Kate MacNamara in this Herald Premium article. Last April, the government unveiled a new regulatory system to create more safe, widespread and affordable access to medicinal cannabis. It has not yet approved a single product. New Zealand-based importers Medleaf Therapeutics, Nubu Pharmaceuticals, and Eqalis Pharmaceuticals confirmed their products are not likely to be approved under the new standards before the March deadline. Domestic production, still in its very early stages, is not likely to reach the market until late this year. ....
New Zealand s medicinal cannabis supply in jeopardy 5 Feb, 2021 04:27 AM 6 minutes to read NZ Herald By: Kate MacNamara New Zealand is facing a collapse of legal medicinal cannabis supply after March 31st, when a deadline to meet stiff new government rules is expected to keep the products of three of the country s five main importers out of the market. Last April, the Government unveiled a new regulatory system to create more safe, widespread and affordable access to medicinal cannabis, it has not yet approved a single product. New Zealand-based importers Medleaf Therapeutics, Nubu Pharmaceuticals, and Eqalis Pharmaceuticals confirmed their products are not likely to be approved under the new standards before the March deadline. Domestic production, still in its very early stages, is not likely to reach the market until late this year. ....
Taking root: New Zealand s nascent medical cannabis industry enters a year of production 23 Jan, 2021 12:00 AM 7 minutes to read Rua Bioscience co-founder Manu Caddie (left) with chief executive Rob Mitchell. Photo / Supplied NZ Herald By: Kate MacNamara Rob Mitchell, CEO of Rua Bioscience, and co-founder, Manu Caddie, who is also chair of the New Zealand Medical Cannabis Council, are working to reach first revenue this year and shape New Zealand s cannabis rules as they go. 2020 was a defining year for New Zealand s nascent medical cannabis industry. Legislation passed in late 2018 created the legal basis for the sector, but it was just last April that new regulations allowed companies to begin to grow medical cannabis commercially and manufacture products for both the domestic and international markets. ....