The marijuana industry not only makes good business sense, it can do good, too
London — Having witnessed the fallout from drug and alcohol abuse in his struggling Maori community, Manu Caddie was always “quite anti-cannabis”. But now the youth worker-turned-entrepreneur believes the plant will bring prosperity to indigenous New Zealanders.
While the health impact of [cannabis] legalisation is fiercely debated around the world, Caddie is optimistic that it cab create jobs and money and keep some people out of prison Its green rolling hills earned an unofficial reputation for growing New Zealand’s best weed after a Rastafarian community settled there in the 1960s.Caddie and his business partner Panapa Ehau, spotted an opportunity in 2017 to tap into this local expertise and grow legal cannabis, offering locals the chance to buy shares in Hikurangi Cannabis through a crowdfunding campaign.
Although Maori only make up 15% of New Zealand’s population, more than 50% of prisoners are Maori, according to the department of corrections, which runs prisons. It is unclear whether the entire plant will be legalised at federal level but several states may fully legalise marijuana this year.Marginalised minorities risk being shut out from the emerging industry due to a ban on licensing people with criminal records to grow or distribute the crop, as well as high start-up costs and regulations on the type of property to be used.
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