The Government's opted against a significant energy shake-up -- rejecting calls to re-nationalise or split up the big gentailers.  

Instead, it'll offer the Crown-controlled companies more capital to invest in generation projects. 

It will also establish a Liquified Natural Gas import facility, give the Electricity Authority greater power, and speed up consenting renewable energy projects. 

Meridian is supportive of the announcement, calling it bold. 

CEO Mike Roan told Kerre Woodham the affordability of electricity is a challenge that’s mitigated by the investments made into new generation. 

He says the Government is trying to bolster those investments to bring stability and certainty back to the market.  

LISTEN ABOVE 

The Government's opted against a significant energy shake-up -- rejecting calls to re-nationalise or split up the big gentailers. &nbsp;
Instead, it'll offer the Crown-controlled companies more capital to invest in generation projects.&nbsp;
It will also establish a Liquified Natural Gas import facility, give the Electricity Authority greater power, and speed up consenting renewable energy projects.&nbsp;
Meridian is supportive of the announcement, calling it bold.&nbsp;
CEO Mike Roan told Kerre Woodham the affordability of electricity is a challenge that’s mitigated by the investments made into new generation.&nbsp;
He says the Government is trying to bolster those investments to bring stability and certainty back to the market. &nbsp;
LISTEN ABOVE&nbsp;

Join Kerre Woodham one of New Zealand’s best loved personalities as she dishes up a bold, sharp and energetic show Monday to Friday 9am-12md on Newstalk ZB. News, opinion, analysis, lifestyle and entertainment – we’ve got your morning listening covered.

Kerre Woodham Mornings Podcast

Mike Roan: Meridian CEO on the Government's measures to tackle issues in the energy sector

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f878126a-5813-42bb-a285-b36801883de3/transcript

An explosive poll shows National has reached its lowest result since forming a Government, as Labour climbs ahead.

The Taxpayers' Union-Curia poll has Labour on 34.4% as National drops six points behind to 28.4%. 

The Greens are on 10.5%, with NZ First trailing slightly on 9.7%, ACT on 7.5%, and Te Pati Māori on 3.2%. 

Director of Sherson Willis, Trish Sherson told Kerre Woodham the poll is a warning light. 

She says 28% isn’t a death certificate, but it does indicate that National has a connection problem as well as a numbers problem.  

LISTEN ABOVE  

An explosive poll shows National has reached its lowest result since forming a Government, as Labour climbs ahead.
The Taxpayers' Union-Curia poll has Labour on 34.4% as National drops six points behind to 28.4%.&nbsp;
The Greens are on 10.5%, with NZ First trailing slightly on 9.7%, ACT on 7.5%, and Te Pati Māori on 3.2%.&nbsp;
Director of Sherson Willis, Trish Sherson told Kerre Woodham the poll is a warning light.&nbsp;
She says 28% isn’t a death certificate, but it does indicate that National has a connection problem as well as a numbers problem. &nbsp;
LISTEN ABOVE &nbsp;

Trish Sherson: Sherson Willis Director on the latest Taxpayers' Union-Curia poll results

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/01d336b3-c639-4ad8-a24f-b405000cb8eb/transcript

The medicinal cannabis industry could be worth billions of dollars to the country in the not-so-distant future, if regulation's improved.  

ACT leader David Seymour says he's looking at further improvements to speed up processing for exports of the plant. 

He's open to improving regulation domestically as well. 

Co-founder of NUBU Pharmaceuticals Mark Dye told Kerre Woodham New Zealand was one of the first countries to start cultivating cannabis for medical use. 

He says the sooner we lean into it, and back it, the sooner New Zealand could become known one of the best cannabis growing regions in the world.   

LISTEN ABOVE  

The medicinal cannabis industry could be worth billions of dollars to the country in the not-so-distant future, if regulation's improved. &nbsp;
ACT leader David Seymour says he's looking at further improvements to speed up processing for exports of the plant.&nbsp;
He's open to improving regulation domestically as well.&nbsp;
Co-founder of NUBU Pharmaceuticals Mark Dye told Kerre Woodham New Zealand was one of the first countries to start cultivating cannabis for medical use.&nbsp;
He says the sooner we lean into it, and back it, the sooner New Zealand could become known one of the best cannabis growing regions in the world. &nbsp;&nbsp;
LISTEN ABOVE &nbsp;

Mark Dye: NUBU Pharmaceuticals Co-Founder on David Seymour's push to reduce medicinal cannabis export regulations

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/027b1a4e-b38b-4d71-97b2-b4040186e9cd/transcript

When I heard David Seymour talking up the potential of New Zealand's medicinal cannabis industry, I was immediately transported to a world where the Far North was once again a thriving powerhouse of the New Zealand economy, as it used to be. Where bright young people could get meaningful jobs without having to leave home, where once again New Zealand's brilliant scientists combined with primary producers, just as they do in agriculture, to innovate and disrupt. 

Now, I realise I was getting a little ahead of myself, but only a bit. The medicinal cannabis export business is growing. A Ministry of Health paper released under the Official Information Act showed we exported more than a tonne of cannabis flower in 2024. That document was obtained by Newstalk ZB and showed that was more than double the 485.6 kilograms exported in 2023 So, you know, there is potential for growth there. 

I had the pleasure of visiting ANTG's cannabis growing facility in Armidale in New South Wales towards the end of last year. I had no idea what I was expecting to see when I went to see a cannabis growing lab, but it was just like visiting a high-level medical research lab, which is what it is. It's not a couple of old stoners growing some weed in the back garden. The security is military level. The level of hygiene and sanitation is exactly as you'd expect to see in a medical laboratory. 

Before you go in to where the bud has been dried and then is taken off the plant and put into the sterilised capsules to be sent off to its buyers, you have to go into a hermetically sealed room and then you have to put on outerwear and outer shoes and masks and then you can only go through one at a time. You're not allowed to pick anything up or put anything in your pocket. When you come back, you have to take off your outerwear. Like, it's the full rig. It's a full operation, as it should be. 

There's an entire research branch where you've got young graduates and young doctorate young people going through their doctorates working on they're either working in medicine, alternative therapies, horticulture, so there's a wide range of skills where they've been given research grants to either come up with ways of alleviating common conditions, get more out of the plant itself, find new ways of growing that are more that need less electricity or, you know, less of the anyway, it was amazing. I can't even begin to explain what I saw. Unless you've seen it, you probably unless you have been to something like this, you probably wouldn't appreciate the level of sophistication, the level of technology, the level of security that goes into exporting cannabis. 

We're so used to seeing cannabis as a way of gangs making money and people being sent to jail and it being something dirty and underhand. It's a complete reset of your thinking when you see it in this particular setting and this particular environment. In an interview, Seymour noted that people have said the industry could be the new high value export similar to New Zealand's wine industry. He said medicinal cannabis is some people's drug of choice and they're prepared to pay a lot of money for it. New Zealand could become, just as we are with wine, a high value powerhouse. 

He said the Government was looking to give exporters more permanent licenses to reduce red tape and bureaucracy and saw the rise in exports as a positive for the New Zealand economy. We need to get money into the country. Not everybody likes this stuff, but there is definitely a market for it, Seymour said. I would venture to suggest that not everybody likes the idea of cannabis being sold as a recreational drug. Some people really don't like that. Some people don't like the stuff because it's gang currency. Some people don't like the stuff because there are turf wars over it. 

But that's illegal cannabis. What we're talking about is medicinal cannabis, which is a whole universe away from the underhand drug dealing that goes on and is undertaken by gangs. This is next level with doctors, with scientists, with horticulturalists, with exporters putting their back into it and turning it into a billion-dollar industry. I think Seymour's quite right. I think we need to get absolutely in behind it and the very areas that would grow it best, where the investment should be, are the areas that need the jobs and the economic boost the most. 

The place I visited in New South Wales is just one of many, but is in a small rural area. Their primary industry appears to be private schools where farmers' daughters can take themselves and their ponies and be educated. And apart from that, it's medicinal cannabis. And it keeps really bright young minds in the district. There's a university there and the really bright ones get the research grants to be able to stay and work on cures for epilepsy and irritable bowel syndrome. There's a whole range of things they're working on. So I'm all for it. I see a golden future or a green-gold future.  

When I heard David Seymour talking up the potential of New Zealand's medicinal cannabis industry, I was immediately transported to a world where the Far North was once again a thriving powerhouse of the New Zealand economy, as it used to be. Where bright young people could get meaningful jobs without having to leave home, where once again New Zealand's brilliant scientists combined with primary producers, just as they do in agriculture, to innovate and disrupt.&nbsp;
Now, I realise I was getting a little ahead of myself, but only a bit. The medicinal cannabis export business is growing. A Ministry of Health paper released under the Official Information Act showed we exported more than a tonne of cannabis flower in 2024. That document was obtained by Newstalk ZB and showed that was more than double the 485.6 kilograms exported in 2023 So, you know, there is potential for growth there.&nbsp;
I had the pleasure of visiting ANTG's cannabis growing facility in Armidale in New South Wales towards the end of last year. I had no idea what I was expecting to see when I went to see a cannabis growing lab, but it was just like visiting a high-level medical research lab, which is what it is. It's not a couple of old stoners growing some weed in the back garden. The security is military level. The level of hygiene and sanitation is exactly as you'd expect to see in a medical laboratory.&nbsp;
Before you go in to where the bud has been dried and then is taken off the plant and put into the sterilised capsules to be sent off to its buyers, you have to go into a hermetically sealed room and then you have to put on outerwear and outer shoes and masks and then you can only go through one at a time. You're not allowed to pick anything up or put anything in your pocket. When you come back, you have to take off your outerwear. Like, it's the full rig. It's a full operation, as it should be.&nbsp;
There's an entire research branch where you've got young graduates and young doctorate young people going through their doctorates working on they're either working in medicine, alternative therapies, horticulture, so there's a wide range of skills where they've been given research grants to either come up with ways of alleviating common conditions, get more out of the plant itself, find new ways of growing that are more that need less electricity or, you know, less of the anyway, it was amazing. I can't even begin to explain what I saw. Unless you've seen it, you probably unless you have been to something like this, you probably wouldn't appreciate the level of sophistication, the level of technology, the level of security that goes into exporting cannabis.&nbsp;
We're so used to seeing cannabis as a way of gangs making money and people being sent to jail and it being something dirty and underhand. It's a complete reset of your thinking when you see it in this particular setting and this particular environment. In an interview, Seymour noted that people have said the industry could be the new high value export similar to New Zealand's wine industry. He said medicinal cannabis is some people's drug of choice and they're prepared to pay a lot of money for it. New Zealand could become, just as we are with wine, a high value powerhouse.&nbsp;
He said the Government was looking to give exporters more permanent licenses to reduce red tape and bureaucracy and saw the rise in exports as a positive for the New Zealand economy. We need to get money into the country. Not everybody likes this stuff, but there is definitely a market for it, Seymour said. I would venture to suggest that not everybody likes the idea of cannabis being sold as a recreational drug. Some people really don't like that. Some people don't like the stuff because it's gang currency. Some people don't like the stuff because there are turf wars over it.&nbsp;
But that's illegal cannabis. What we're talking about is medicinal cannabis, which is a whole universe away from the underhand drug dealing that goes on and is undertaken by gangs. This is next level with doctors, with scientists, with horticulturalists, with exporters putting their back into it and turning it into a billion-dollar industry. I think Seymour's quite right. I think we need to get absolutely in behind it and the very areas that would grow it best, where the investment should be, are the areas that need the jobs and the economic boost the most.&nbsp;
The place I visited in New South Wales is just one of many, but is in a small rural area. Their primary industry appears to be private schools where farmers' daughters can take themselves and their ponies and be educated. And apart from that, it's medicinal cannabis. And it keeps really bright young minds in the district. There's a university there and the really bright ones get the research grants to be able to stay and work on cures for epilepsy and irritable bowel syndrome. There's a whole range of things they're working on. So I'm all for it. I see a golden future or a green-gold future. &nbsp;

Kerre Woodham: A golden, or green-golden, future

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8c86f027-dd08-4313-bb2e-b404017dbfb7/transcript

Mike Roan: Meridian CEO on the Government's measures to tackle issues in the energy sector

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