Hikurangi Enterprises Limited and Waiapu Investments Limited are proud to announce...  

Shares are now for sale.

Waiapu Investments Limited is pleased to release the Information Memorandum (investor prospectus) and announce the dates, times and locations of the local share offer to enable local ownership in medical cannabis venture, Hikurangi Cannabis Company.

Waiapu Investments Limited is an investment vehicle created by Ruatorea based charitable company Hikurangi Enterprises Limited to enable supporters everywhere to have a real stake in a New Zealand medical cannabis company.

"Supporting the development of a proven medicine made from cannabis that is grown, processed and licensed in New Zealand is a top priority for the funds raised through this offer. It is fantastic to be able to offer people at the flax roots an accessible investment opportunity allowing them to be part of an industry that is booming globally.”
- Panapa Ehau, Managing Director, Waiapu Investments Limited

What are the details?

Hikurangi Enterprises is offering most of the ownership in Waiapu Investments Limited to East Coast residents and then the wider public via the PledgeMe.Equity crowdfunding platform.

Nearly 3,000 people have already registered interest in the opportunity to own shares in Waiapu Investments. The minimum investment will be $50 for 50 shares and the PledgeMe share offer can raise up to $2 million. We expect the offer will be over-subscribed. 

Subject to the granting of a Medical Cannabis licence, the funds raised by Waiapu Investments will be invested in Hikurangi Cannabis Company to build a pharmaceuticals processing facility and plant growing operations in Ruatorea and to carry out phase one clinical trials for a New Zealand made medical cannabis product.

An Information Memorandum with full details for potential investors has been released today on the Hikurangi website ( and copies will be available in public locations around the region before a roadshow for local investors starts next week. A series of community meetings begin on Tuesday 1 May in Te Araroa with a different village hosting a meeting each day until the final meeting in Gisborne on Sunday 6 May.

People interested in investing should bring ID (birth certificate, passport or driver licence) and proof of address (i.e. utilities bill, bank statement, government agency letter, etc.) and a credit/debit card if they have one.

Any shares still available after the roadshow will be offered online to the rest of New Zealand at 7pm on Tuesday 8th May via the PledgeMe.Equity platform.

Crowdfunding Roadshow community meeting details:

Te Araroa, Hinerupe Marae, Tue 1st May - 5.30-7.30pm

Tikitiki, Waiapu RSA, Wed 2nd - 5.30-7.30pm

Ruatorea, Hati Nati,  Thu 3rd -5.30-7.30pm

Tokomaru, Cafe 35, Fri 4th - 5.30-7.30pm

Uawa, Hauiti Marae, Sat 5th - 1.00-7.00pm

Gisborne, Waikirikiri School, Sun 6th - 2.00-5.00pm

Online via - Tue 8th, 7.00pm

For more information please visit our Frequently Asked Questions page or contact Panapa Ehau:
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