New Zealand Set to Legalize Hemp Seed Market | CashCropToday
0 Shares 140 Views

New Zealand Set to Legalize Hemp Seed Market

February 21, 2018
140 Views

New Zealand’s industrial hemp industry is going commercial this year. New laws are expected to take place that will allow farmers and entrepreneurs the opportunity go grow industrial hemp for seed propagation.

Hemp seeds are  extremely beneficial to one’s health, as they are filled with numerous vitamins and minerals, as well as large amounts of amino acids, fiber, and fatty acids. Hemp seeds are regularly compared to superfoods like quinoa and high-protein meat sources, and they can also be processed into a number of finished goods.

Top companies in Canada like Nutiva and Manitoba Harvest dominate the North America market with products like hemp protein powder, hemp oil, and healthy hemp hearts.  This year New Zealand expects to triple the 200 to 300ha of acres of hemp plants grown annually and farmers can now expect to see returns of $4500 to $5500 a hectare. The change in legislation also plans to generate $10M- $20M in export revenue a year.

You may be interested

Canopy River Begins Trading on the Toronto Stock Exchange (TSX)
Market Watch
16 views
Market Watch
16 views

Canopy River Begins Trading on the Toronto Stock Exchange (TSX)

Editor - September 21, 2018

Yesterday, Canopy Rivers Inc. (TSXV:RIV) announced that their company has began trading on the TSX Venture Exchange under the ticker symbol RIV. The company works in conjunction with…

Aurora Cannabis in Discussions with Coca-Cola to Produce CBD Infused Beverages
Market Watch
99 views
Market Watch
99 views

Aurora Cannabis in Discussions with Coca-Cola to Produce CBD Infused Beverages

Editor - September 20, 2018

In a press release this week, Aurora Cannabis (TSX: ACB) (OTCQB: ACBFF) confirmed that it has entered into the beginning stages of negotiations with beverage conglomerate Coca-Cola to…

Australian CBD Company Elixinol Begins Trading on OTCQX
Market Watch
68 views
Market Watch
68 views

Australian CBD Company Elixinol Begins Trading on OTCQX

Editor - September 19, 2018

Yesterday, international hemp-derived CBD company Elixinol (ASX: EXL) began trading on the OTCQX, a U.S. based stock market exchange, under the ticker symbol ELLXF. The company is…

Leave a Comment

Your email address will not be published.

Most from this category

%d bloggers like this: