New Laws, New Opportunities
It seems that we now live in an age where year after year the demand for high-quality CBD and cannabis products increases exponentially. It has been likened to the Gold Rush's of eras gone-by. With any rush though comes the possibility of those looking to make a quick buck from the uninformed and over-eager. Not so with Hikurangi Cannabis, they are in an opportune position to deliver world-class, high quality yield of cannabis.
The deal of course isn't set in stone yet and there are some legal walls to climb. But this is naturally when dealing with huge amounts of money. Everyone needs to be assured on both sides that this is the best move overall. What is known though is that if the deal does go through without a hitch, the Ruatoria company will be making around 3,000 kilograms of medical marijuana for Rhizo Sciences.
That's a hefty amount of cannabis. And with new laws coming into effect in New Zealand for the production and sale of medicinal cannabis the way is paved even smoother for the deal. The bill which is the Misuse of Drugs (Medicinal Cannabis) Bill would also mean that CBD (cannabidiol) is no longer classed as a controlled substance.
Hikurangi Cannabis Company – Who They?
The company based out of Ruatoria is a leading researcher and enterprise in the field of cannabis. They work with medical researchers, as well as expert plant breeders and extraction engineers from around the world. With so many sub-par CBD and cannabis products being pumped out into the world these days it's a breath of fresh air to see a company so clearly dedicated to quality that's doing so well.
Manu Caddie, the Hikurangi Cannabis Managing Director, has mentioned how the region of Ruatoria has faced tough economic conditions in recent years with unemployment levels skyrocketing. Some of the highest rates of unemployment are in this area that is predominantly Māori. It is also the third largest population size in the area. Coupled with that there are few if any products, like cannabis, that could bring such a fantastic amount of revenue to the area.