The overnight auction broke nine consecutive declines after a negative end to 2025.
Willie Wiese leaves Alliance after eight years, including almost three years as chief executive.
Some growers also worry whether it’s on the right flight path.
Private equity firm Adamantem Capital to invest in merged entity.
The New Zealand Hemp Industries Association says it’s a landmark decision for the industry.
Growers will be able to buy hectare licenses from next year.
The liquidation of a large Rockit orchard in Hawke’s Bay follows another large Rockit partnership becoming insolvent in October.
‘When others are making excuses, we’re showing that it’s not all doom and gloom in this industry,’ CEO James Annabell says.
The co-op reports net profit of $20.4m in turnaround year.
NZ timber manufacturer is poaching market share from hardwood and cedar alternative suppliers, notably out of Canada, and expects to hit $200m in revenue within five years.