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New Zealand Speeds Up Medicinal Cannabis Export Licensing to Boost Industry Growth

5 hours ago | 28 views

New Zealand has significantly reduced medicinal cannabis export licensing times, with average processing dropping from 22.5 working days in 2022/2023 to 6.4 days in 2026, boosting export volumes and improving cashflow for exporters. The government is modernizing the licensing process by introducing electronic applications and considering more permanent licenses to reduce bureaucratic hurdles. Additionally, legislation changes now allow growers to cultivate low-THC hemp without a license, expanding opportunities in the medicinal cannabis industry.

Tags: David Seymour Medsafe medicinal cannabis New Zealand export licensing cannabis export cannabis industry hemp cultivation cannabis regulation export applications