30 Oct 2018

Kiwi cannabis startup opens for funding

From Morning Report, 8:50 am on 30 October 2018

Six New Zealand companies have now announced plans to grow or sell medicinal cannabis in anticipation of a law change next year. As you heard in business news, Nubu Pharmaceuticals has completed a capital raise of $500,000 and has opened its second funding round, seeking $10 million. And now another company, ZeaCann, is seeking $20 million investment to build two greenhouses in Auckland and fit-out laboratories. Chris Fowlie is a Zeacann co-founder, he talks to Guyon Espiner.