The Government is backing a research and development programme to help accelerate the establishment of New Zealand's medicinal cannabis industry and boost export potential.
The Sustainable Food and Fibre Futures fund (SFF Futures) is contributing nearly $760,000 to the $1.9 million, three-year programme led by project partner Greenlab, which aims to establish evidence-based medical cannabis cultivation practices.
Agriculture Minister Damien O'Connor made the announcement yesterday.
New Zealand's primary industry was built on excellence in applied science, he said in a statement.
"This investment will see Greenlab's researchers carrying out rigorous trials and lab testing at its leased facilities at Lincoln University to ensure a consistently high-quality and effective pharmaceutical product."