Crowdfunding boosts Te Horo primarily based medicinal hashish firm Phytotecnia – NZ Herald

Irene Lopez-Ubiria and Alvaro Vidiella-Salaberry. Photograph / Equipped

A medicinal hashish firm primarily based in Te Horo, north of Wellington, has proved very talked-about with the general public.

Agricultural engineers Irene Lopez-Ubiria and Alvaro Vidiella-Salaberry sought crowdfunding for his or her Phytotecnia Ltd firm through PledgeMe which began halfway in November final 12 months.

They thought they is perhaps fortunate to boost $500,000 however have been humbled with over $860,000 thus far.

“We’re tremendous completely satisfied and lots of native individuals are supporting us too,” Irene stated.

“It [the money] has been a sluggish and regular stream.

“Individuals appear to want a while to grasp what we’re doing.

“We have acquired a number of questions.”

The funding together with their very own cash in addition to from household, mates and a Callaghan Innovation R&D mortgage give the couple the chance to upscale once they resolve to.

“The primary factor is we’re dedicated to getting manufacturing below technique to promote this 12 months,” Irene stated.

Phytotecnia's mother plants. Photo / Supplied
Phytotecnia’s mom vegetation. Photograph / Equipped

Already lots has occurred on the firm which has a spotlight to analysis and produce medicinal hashish.

A 360sq m extremely specced glasshouse to develop the hashish has been created, together with sturdy safety measures corresponding to cameras and a excessive electrical fence.

The couple, initially from Spain, has a analysis licence, and importantly, a business manufacturing licence, which was issued just a few days earlier than Christmas, from the Ministry of Well being.

Cultivation can start they usually can import varied hashish varieties too.

“The nice factor is we’re not restricted in what we will do,” Irene stated.

“We wish to develop into a reference within the medicinal hashish world in New Zealand,” Alvaro stated.

“Now we have a really completely different philosophy from different firms.

“With our experience, the best way we’re doing this, and our lean strategy, we will go very far.

“We’re additionally creating a number of analysis and manufacturing partnerships with large gamers abroad.”

To search out out extra concerning the firm go to www.phytotecnia.com

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