NZ Super Fund won't buy recreational cannabis shares - News Summed Up

NZ Super Fund won't buy recreational cannabis shares


NZ Super Fund won't buy recreational cannabis shares123RF.com Making money from investing in recreational cannabis-makers is now excluded under the NZ Super Fund's responsible investment policy. The $37 billion NZ Super Fund said it won't invest in companies involved in the recreational cannabis industry. The NZ Super Fund, which is New Zealand's giant sovereign wealth fund designed to help pay for NZ Super for tomorrow's pensioners, started the moves to exclude recreational cannabis in September before the Labour-led government assumed power. READ MORE:* Government downplays expectations on medicinal cannabis law reform* New medicinal cannabis legislation to spark debate in the House* Where do political parties stand on cannabis law reform? * Medicinal cannabis users 'frantic' after NZ Post dobs in prominent supplier* Stuff Nation: Should medicinal cannabis be legal?


Source: Stuff December 18, 2017 21:33 UTC



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