Investor Report Industrial Hemp Sector New Zealand ’ s New Export Opportunity 2020
HEMP
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MARIJUANA
industrial hemp , and processing and trading in the seeds and stalk to produce hemp food and fibre products .
Medicinal Cannabis / Marijuana Medicines in New Zealand Misuse of Drugs ( Medicinal Cannabis ) Act 2018-2019 made it legal from 1st April 2020 for licensed companies to grow and manufacture cannabis prescription medicines containing cannabinoids . Including high THC dosages .
To understand hemp one must start with the cannabis plant , and then understand the different characteristics of cultivars of that plant and in particular hemp ; these differences are central to the development of an industrial hemp sector in any country , including
New Zealand .
Hemp ( Sometimes called ‘ industrial hemp ’) is the name given to cannabis sativa plant strains with extremely low levels of THC . ( In New Zealand the permissible level of THC is less than 0.35 %, in Australia 1 %, and in Europe 0.2 %). Hemp is grown both in New Zealand and overseas for industrial and commercial uses . Hemp seed is highly nutritious and very versatile . The entire hemp plant , including stalk , leaves , seeds , roots and buds can be used for a wide range of products , including food , fibre , and health remedies . Traditional markets exist for hemp food and fibre and as more research is done we are developing many more nontraditional , high and low tech markets .
• Food products can be sourced from hemp seeds which are processed into oils , flours , powders and milk . This market started in 2018 when we were granted access to hemp seed foods for human consumption .
• Fibre is commonly used for pet bedding , high grade paper making and as a yarn in textiles , plastics and composites . Local demand for construction uses - which range from insulation , MDF boards and hempcrete to acoustic tiles , carpets and soft furnishings - will support the establishment of new industries for the regions .