Can ‘cannabusiness’ turn deprived communities around?


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. A global upshot in cannabis legalisation has led to a “green rush” by investors into the fast-growing industry, worth some $12bn in 2018 — equal to The Bahamas’ annual economic output — data from Euromonitor International shows.

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