Hemp Industry Changes
New Zealand has recently reformed its hemp industry regulations, which now focus on boosting accessibility and clarity. The removal of licensing requirements means that more individuals can start hemp businesses. Set THC thresholds ensure that THC content is clear, promoting higher quality products. This enables a broader supply chain and new economic opportunities across the sector.
The significance of these changes cannot be overstated. They support local growers and manufacturers while expanding market access. As a result, we can expect job growth in various areas and an overall boost to New Zealand’s economy. These adjustments pave the way for innovation and sustainable practices that benefit all stakeholders involved.
Source: rnz.co.nz
