An opportunity for illict cannabis growers to enter the legal medical cannabis industry is being offered by government and agreements to protect the value for growers.
Ruatoria based Hikurangi Cannabis Company has started a roadshow of hui with cannabis growers in the Tairawhiti region to develop agreements that will pay royalties to breeders who contribute strains that realise commercial value.
“An opportunity for breeders included in the new medicinal cannabis legislation is big news and very exciting for the industry but it will mean foreign companies and research organisations will be trying to lock up rights to commercialise New Zealand cannabis genetics” said Hikurangi operations manager Panapa Ehau.
“We have developed legal arrangements for New Zealand cannabis breeders to ensure their rights and interests are protected” said Mr Ehau.
“As the people’s cannabis company we want to make sure breeders who contribute genetics into the legal industry get ongoing benefit from the knowledge, skills and expertise they have applied to plant breeding.”
Hikurangi research staff include plant scientists and a number of longtime cannabis breeders that have developed a breeding programme.
Mr Ehau is encouraging growers to get in touch and Hikurangi can visit them to discuss the opportunity for collaboration.
The Medicinal Cannabis bill has its second reading this afternoon with the final reading expected during the week of 10 December.
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CONTACT: Panapa Ehau 027 2000 747 / firstname.lastname@example.org