A New Zealand company could potentially land a NZ $160 million contract, supplying Hemp as Medicine to a U.S. company.

Hemp as Medicine

The NZ company, Hikurangi Cannabis Company, would grow and produce 3000kg of pharmaceutical grade cannabis to Rhizo Sciences, in Seattle.

The deal is subject to a law change in New Zealand, that is expected to go through later this year.

This contract would confirm a very profitable future for the Ruatoria region, and for New Zealand in general. It would boost the economy and bring new employment opportunities.

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