According to a report published in NZ Herald, New Zealand could lose three of its five largest medical cannabis importers due to a change in government policy. Experts believe the country’s strict regulations may cause the legal medical cannabis market to take a plunge.
After proposed legalisation of recreational cannabis was defeated in a voter referendum last year, cannabis campaigners in New Zealand warned that the country could lose the majority of its medical cannabis market in just two months.
Last April the government announced that it aimed to create “a more safe, widespread and affordable” medicinal cannabis market in the country.
However, a report claims that three of the most prominent cannabis importers may find their products kept out of the market after 31 March, when a deadline set by the government passes.
Read more at canex.co.uk