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10 Aug 2020 17:59
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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
     10 Aug: Judith Collins believes the Northland seat is National's -- by a country mile
     10 Aug: It might not be all bad for the South - when the Tiwai Point aluminium smelter closes
     09 Aug: Federal Government open to more JobKeeper tweaks if economy deteriorates further amid coronavirus downturn
     09 Aug: All eyes on Northland for this years' election
     09 Aug: Labour's latest policy announcement is being welcomed by business -- but it's only a piece of a puzzle
     09 Aug: New Zealand First has announced a new tranche of candidates for the election
     08 Aug: The Labour Party has not achieved everything it set out to during this term in Government
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