NZ Herald Says These Are The Six Cannabis Related Companies To Watch

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As of January 25, the Ministry of Health had granted a total of five cultivation licenses to New Zealand organizations. Medsafe group manager Chris James wouldn’t comment on who those organizations are, but the Herald is aware that three licenses are held by start-ups Hikurangi Cannabis, Cannasouth and Helius Therapeutics.

James says the Ministry is working through another 45 applications and that others have already been rejected. Still-forming cannabis industry, several Kiwi companies have quickly stuck their heads above the mass around them.

What the six indicate is that there’s no blueprint for entering an industry that doesn’t yet exist. Each company has a unique approach, and as with any start-up scene, it’s anyone’s guess who will survive.
https://bit.ly/2GiHVdo Rub of the Green: Six Kiwi cannabis firms to watch
https://bit.ly/2Ss2MBm NZ Herald Says These Are The Six Cannabis Related Companies To Watch
Speculate at your own risk
Snowball Effect co-founder Simeon Burnett is well-versed in start-ups and he warns investors not to put any money into marijuana that they aren’t willing to lose.

“Investing in the medicinal cannabis industry is highly speculative, with most companies still at the ‘concept’ stage of their development,” Burnett says.

“The regulatory regime for the medicinal cannabis industry is yet to be determined and investors should remain conscious of the risk this presents for the companies they are looking to invest in.”

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