As the medicinal cannabis industry in New Zealand continues to flourish, it is important to highlight the positive impact it has had on patients’ lives and the overall economy. With the rise in exports, the country’s economic growth has been further bolstered. The government’s implementation of regulatory changes has played a crucial role in streamlining the application process for companies involved in growing and exporting medicinal cannabis products. This has not only allowed these companies to expand their operations but has also opened up new markets overseas. Consequently, more New Zealanders now have increased access to medicinal cannabis, providing them with the potential for improved health outcomes. However, it is worth noting that the cost of these products remains a significant barrier for many individuals. The average cost of a prescription can amount

In addition to the recent developments in New Zealand’s medicinal cannabis industry, it is worth noting the positive impact that these changes have had on patients and the economy. With exports on the rise, the medicinal cannabis industry is contributing to the country’s economic growth. The regulatory changes implemented by the government have streamlined the application process for growing and exporting medicinal cannabis products, allowing companies to expand their operations and find new markets overseas. This has not only benefited the industry but has also resulted in increased access to medicinal cannabis for New Zealanders. Over 15,000 active medicinal cannabis prescriptions in 2023 demonstrate the growing demand and acceptance for this alternative therapy. However, despite these advancements, the cost of medicinal cannabis products remains a concern for many patients, hindering

Here’s a summary of recent news on medicinal cannabis in New Zealand:* **Medicinal cannabis exports increasing:** New Zealand’s medicinal cannabis industry is growing, with exports increasing as companies find new markets overseas. In 2023, exports were valued at NZ$30 million, up from NZ$20 million in 2022.* **Regulatory changes to support industry growth:** The New Zealand government has made regulatory changes to the Medicinal Cannabis Scheme to support industry growth. These changes include streamlining the application process for growing and exporting medicinal cannabis products.* **Increased access to medicinal cannabis:** More New Zealanders are now able to access medicinal cannabis, thanks to the expansion of the Medicinal Cannabis Scheme. In 2023, there were over 15,000 active medicinal cannabis prescriptions in New Zealand.* **Price of medicinal cannabis still a concern:** While access to medicinal cannabis is improving, the cost of products remains a major barrier for many New Zealanders. The average cost of a prescription is several hundred dollars for up to a couple of months’ supply.Here are some specific news articles from recent months:* **Medicinal cannabis industry to benefit from amended regulations** (Ministry of Health NZ)* **Medicinal cannabis: NZ legislation leads East Coast company to export strains overseas** (NZ Herald)* **New Zealand’s medical cannabis industry growing as regulation overhaul given green light** (RNZ News)I hope this information is helpful. Please let me know if you have any other questions.