17 Investor Report Industrial Hemp Sector New Zealand ’ s New Export Opportunity 2020
Two Hemp Export-Led Growth Scenarios
Leaders in the industry have developed two 2030 growth scenarios for Hemp in New Zealand :
SCENARIO 1 ( Status quo ) is simply based on a political failure to reform the current regulations : Which removes nutraceuticals but leaves the seed and fibre products estimated at $ 500 million with around 5,000 new jobs
Fibre $ 317mil
Seeds $ 183mil
SCENARIO 1 Total $ 500mil
SCENARIO 2 Is based on political reform of the nutraceutical regulations , and forecasts total earnings of $ 2.0 billion ; from $ 183 million in seed products , and $ 317 in fibre products , $ 1.5 billion in hemp nutraceuticals from cannabinoids , and 20,000 new jobs in the regions .
Scenaro 2
Seeds $ 183mil
Nutraceuticals $ 1.5bil
Fibre $ 317mil
SCENARIO 2 Total $ 2.0bil
This Scenario is ambitious but not fanciful - it has been done before when the leaders of an industry vision form strong partnerships with capital investors , local and global , and with government agencies . The Wine industry and the Kiwifruit industry for example , have achieved so much over the past 20 years by how well they have managed these partnerships and investments .