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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Medicinal cannabis company Ora Pharm hits cashflow positive

Small North Waikato grower claims to be the first in NZ medicinal cannabis sector to become financially sustainable.

Ora Pharm CEO Zoe Reece.

Waikato-based Ora Pharm claims to have become the first medicinal cannabis company in New Zealand to start hitting cashflow positive following completion of its first export order to Australia.

Ora Pharm made a deal in October 2021 to supply dried cannabis flower to Canngea, one of Australia’s

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Fiona Rotherham Tue, 23 Apr 2024
Contact the Writer: fiona@nbr.co.nz
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Medicinal cannabis company Ora Pharm hits cashflow positive
General Business,
103728
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