News | Upper South Island
24 Apr 2024 3:17
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  •   Home > News > National > Upper South Island

    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.

    © 2024 Newstalk ZB, NZCity

     Other Upper South Island News
     21 Apr: State Highway six, in Lower Buller Gorge, is closed for the next half an hour or so as Police investigate a fatal crash
     19 Apr: To our angry NRL coach watch... an early contender for this week's crown is the Roosters' Trent Robinson
     15 Apr: Nelson police have arrested three men after eight deer were targeted with a vehicle
     10 Apr: Players from Auckland, Hawera, Carterton, Wellington and Picton will be enjoying a mid-week windfall, after each winning $166,667 with Lotto First Division
     10 Apr: A message for drivers to be cautious as the South Island's West Coast braces for another dumping of rain
     10 Apr: The West Coast's gearing up to face the worst of its poor weather today
     09 Apr: An off-roading track crash in Nelson has taken the lives of two people
     Top Stories

    RUGBY RUGBY
    Gold Coast Titans and Kiwis prop Isaac Liu believes the allure of the Warriors jersey's become comparable to that of the All Blacks More...


    BUSINESS BUSINESS
    Ryman Healthcare CEO - Richard Umbers - has resigned, a month out from the firm's full year result More...



     Today's News

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    Gold Coast Titans and Kiwis prop Isaac Liu believes the allure of the Warriors jersey's become comparable to that of the All Blacks 21:57

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    Entertainment:
    David Bowie told his Ziggy Stardust hair stylist his wife Angie wanted to hear about their fling - moments before he bedded the hairdresser 19:33

    Entertainment:
    Tom Selleck has revealed he "didn't get the girl" during his stint on 'The Dating Game' 19:03

    Business:
    Ryman Healthcare CEO - Richard Umbers - has resigned, a month out from the firm's full year result 18:57


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