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21 Jan 2020 3:28
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  •   Home > News > Politics

    Everyday New Zealanders are investing in a crowdfunding campaign for medicinal cannabis to be grown in Marlborough

    Everyday New Zealanders are investing in a crowdfunding campaign for medicinal cannabis to be grown in Marlborough


    Puro is using the PledgeMe platform and has so far raised 2.9 million dollars.

    That means the company can start growing hemp at its Marlborough site this week.

    Managing Director Tim Aldridge says all sorts of people are wanting a piece of their plans.

    He says a large number of people have invested between five hundred and a thousand dollars, with a significant number investing over 50-thousand as well.

    Tim Aldridge says it's an exciting new frontier of modern medicine - and people are backing New Zealand to be a player in the global market.

    © 2020 Newstalk ZB, NZCity


     Other Politics News
     20 Jan: A resounding win for Australia's consumer watchdog, in its case against the travel website Trivago
     20 Jan: The ACT Party is courting controversy with its new campaign slogan - 'Make Aotearoa Great Again', echoing Donald Trump's catch cry
     20 Jan: Changes to Funded Family Care are being welcomed, but with a view they could have been bolder
     19 Jan: The regulation of cannabis is one of the reasons a psychotherapist is voting yes in this year's cannabis referendum
     19 Jan: Tributes are pouring in for Government House kaumatua Piri Sciascia , who died yesterday
     18 Jan: Professor Piri Sciascia - the Government House kaumatua, has died
     18 Jan: New Zealanders want restaurants to supply sustainable seafood... but don't care when they buy it at the supermarket
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     Today's News

    International:
    Federal ICAC would investigate sports grants affair, former NSW auditor-general says 22:36

    Business:
    A resounding win for Australia's consumer watchdog, in its case against the travel website Trivago 22:16

    Accident and Emergency:
    Six boaties have been rescued from their sinking vessel by passers-by off the coast of Northland 21:57

    International:
    What is a coronavirus and why is a new virus strain making people in China so sick? 19:57

    International:
    Pig forced to bungee jump in Chinese theme park stunt 19:47

    Environment:
    A giant dust storm that's rolled through Dubbo, in New South Wales' central west, is being called apocalyptic 18:57

    Wellington:
    A person is in a serious condition after falling from a cliff at Titahi Bay in Wellington 18:37

    Tennis:
    Caroline Wozniacki has delayed her impending retirement by claiming a straight sets win on ay one of the Australian Open in Melbourne 18:07

    General:
    The San Francisco 49ers have booked a spot in the Super Bowl, continuing their resurgence in the NFL 17:47

    Tennis:
    23-times Grand Slam winner Serena Williams and defending champion Naomi Osaka have notched straight set wins to open their Australian Open campaigns 17:27


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