Medicinal cannabis companies eagerly awaiting regulation announcement

Author
Newstalk ZB,
Publish Date
Mon, 16 Dec 2019, 12:01PM

Medicinal cannabis companies eagerly awaiting regulation announcement

Author
Newstalk ZB,
Publish Date
Mon, 16 Dec 2019, 12:01PM

Medicinal cannabis is back front and centre this morning.

The government are set to announce their scheme this week, and medicinal cannabis companies want a decisive and swift move.

They say they're ready to crack on and get people the help they need. 

Former associate health minister Peter Dunne, who is now chair of medicinal cannabis company Setek Therapeutics, told Mike Yardley this has been a two year work in progress and they are keen to see results. 

"What Setek is saying is we are very keen to see the regulations, we think they are heading in the right direction, but there's still going to be a time after that before we can get products to market."

He says the companies want to see the regulations so they can get the proper approval. 

Dunne says that even with the regulators coming onboard, it will still take until the end of next year to get cracking.