Articles tagged with Medicinal Cannabis
New Zealand Speeds Up Medicinal Cannabis Export Licensing to Boost Industry Growth
1 week ago | 109 viewsNew 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 applicationsNew Zealand Reforms Industrial Hemp Regulations to Boost Growth and Innovation
4 months ago | 480 viewsRegulation Minister David Seymour announced reforms to scrap the outdated licensing regime for industrial hemp in New Zealand, replacing it with a more practical and proportionate approach that removes licenses and sets a clear THC threshold below 1%. These changes aim to reduce costs, encourage innovation, and generate significant economic benefits, while maintaining safeguards to prevent misuse and ensuring compliance with existing food safety and medicinal cannabis regulations. The Ministry of Health will lead implementation, reflecting the government's commitment to cutting red tape and improving regulatory standards for business growth.
Tags: David Seymour New Zealand industrial hemp Regulation Minister Ministry of Health Regulatory Standards Act medicinal cannabis Ministry for Regulation Parliamentary Council Office Cabinet