New Zealand Is Dropping Industrial-Hemp Licensing as Costs Swallow a Shrinking Sector
New Zealand will revoke its industrial-hemp licensing regime on 28 May, removing a compliance burden that the government says was consuming up to 13 percent of annual sector revenue in a market now worth only about NZ$1 million.
New Zealand is about to remove one of the central operating requirements for industrial hemp. From 28 May, activities that previously needed an industrial-hemp licence can be carried out without one for defined purposes under a new permission-based model, according to Health New...
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