Growplex is a BioTech New Zealand partner and believes in the advancement of a healthy, clean and prosperous biotech ecosystem.
In the next five years, medicinal cannabis is set to become a bold new economy in New Zealand, with the potential to become one of its primary industries. It’s an exciting time to be at the forefront of the country’s nascent medicinal cannabis industry.
With the legalisation of medicinal cannabis products for medical use, a new market is emerging. The estimated New Zealand market is valued at over 1 billion dollars annually and the world market at over 75 billion US dollars. There is significant potential both domestically and internationally for high quality pharma-grade products.