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Hot Topic EARNINGS
Tech & Innovation
6 mins to read

Pet medicinal cannabis company raising $2m for further studies

Hale Animal Health has secured investment from WNT Ventures that will help fund a pathway for registering cannabis medicines for dogs.

WATCH: Hale Animal Health CEO Leila de Koster speaks with Fiona Rotherham.

Key points
  • What's at stake: Hale Animal Health wants to be one of the first in the world to register cannabis pet medicines with growing global markets for animal health and cannabis products.
  • Background: Leila de Koster set up up Hale in 2020 with investment from Helius Therapeutics but they parted ways. New investment will help fund clinical studies required for regulatory approval. 
  • Main players: Hale Animal Health, WNT Ventures

Hale Animal Health, which hopes to be among the first in the world to register pet medicines containing cannabidiol (CBD) and delta-9-tetrahydrocannabinol (THC), is raising $2 million in a seed round.

The round is being led by WNT Ventures and includes a $750,000 loan under Callaghan Innovation’s

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Fiona Rotherham Thu, 14 Mar 2024
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Key points
  • What's at stake: Hale Animal Health wants to be one of the first in the world to register cannabis pet medicines with growing global markets for animal health and cannabis products.
  • Background: Leila de Koster set up up Hale in 2020 with investment from Helius Therapeutics but they parted ways. New investment will help fund clinical studies required for regulatory approval. 
  • Main players: Hale Animal Health, WNT Ventures
Pet medicinal cannabis company raising $2m for further studies
Tech & Innovation,
103173
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