Waiapu Investments | Hikurangi Cannabis
By Panapa Ehau from Waiapu Investments Limited
PledgeMe.Investment
I want to embed this investment somewhere
NZ $2,000,000 pledged
1119 people pledged
Closed
NZ $500,000 minimum target
This campaign hit its maximum target on 10/05/2018 at 8:00 AM and is now closed.
Make a PledgeAbout
Waiapu Investments | Hikurangi Cannabis
Waiapu Investments
Waiapu Investments Limited (WIL) is a new investment company established by Hikurangi Enterprises to raise capital to invest in economically, socially and environmentally sustainable businesses based in Te Tairawhiti.
Hikurangi Cannabis Company
Based in Ruatorea, Hikurangi Cannabis aims to be the first producer of pharmaceutical grade cannabis in New Zealand, the first to conduct a clinical trial of a New Zealand made medical cannabis product and the first to export medical cannabis products from New Zealand.
Hikurangi Cannabis' vision is to:
- create local jobs on the East Coast
- apply local knowledge to local situations
- create opportunities for local people to lead local development
- conduct itself at the highest ethical, quality and environmental standards
The money raised by WIL through this equity crowdfunding campaign will be invested into Hikurangi Cannabis in order for the 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.
You can read the full details of the offer in our Information Memorandum.
Kaupapa and Values
Ponotanga/tikanga/manaakitanga:
integrity, honesty, openness, transparency, knowing and hospitality
Mauitanga:
innovation, creativity and resourcefulness
Kaitiakitanga and taonga tuku iho:
sustainable stewardship and responsibility for the treasures with which we have been entrusted
Whanaungatanga:
recognition of whakapapa and the generations that have gone, those still to come and the importance of enduring relationships
Wairuatanga:
acknowledgement of the spiritual and metaphysical dimensions of our work and all relationships
Te Tiriti o Waitangi:
acknowledging that we have our own systems, power and authority to protect our whanau, whenua and whakapapa
The Crowdfunding Share Offer
We are offering up to two million non-voting shares in WIL as follows:
- price per share = NZ$1.00
- minimum individual investment = $50 (50 shares)
- minimum funding goal: $500,000
- maximum funding goal: $2,000,000 from the crowd through PledgeMe, plus any amount raised from exempt investors (see our Information Memorandum for more details)
For a full view of our pre-money and post-money shareholdings, as well as the rights attached to the shares, read our Information Memorandum.
Use of capital
Potential return on investment
The intention is that the company will remain in the community where it starts. Some companies that WIL invests in (including, for example, Hikurangi Cannabis Company) may eventually be listed on a stock exchange, but there is no current intention that WIL will be listed on a stock exchange.
We do not know when WIL shareholders will receive dividends, but Hikurangi Cannabis Company aims to create a profit within the first two years of operation and provide a dividend to its shareholders within the first three years. Please see our assumptions relating to the financial forecasts under the heading “WIL Financial Forecasts” at page 25 of our Information Memorandum.
While WIL has no control over Hikurangi Cannabis Company and Hikurangi Hemp Holdings, it will use it’s best endeavours to see that it’s shareholders get a reasonable return.
About our Team
Hikurangi Enterprises has chosen the inaugural board members for WIL based on their alignment with the goals and values of the company along with the experience, skills and networks they bring.
Panapa Ehau
Uepohatu.
As a co-founder of Hikurangi Enterprises I am passionate about the well-being of our whanau and our whenua. I grew up in Ruatorea and returned to the East Coast five years ago to raise my young family after two decades of study, travel and business experience. It is with great honour and excitement that I am privileged to walk alongside our whanau and supporters to explore and create opportunities to benefit our people now and for future generations. As a director and trustee on a number of the Hikurangi Group entities I am focused on transparency and success.
Kevin Dell
I was a commercial partner in AWS Legal, Southland for about 40 years. During that time I was President of the Southland District law Society and on the Board of the New Zealand Law Society. I was also on the boards of Lawlink, a group of New Zealand legal firms and an Invercargill City Council controlled company. I recently retired with my wife Hinetu to Ruatorea.
Jacqui Poutu
Ngati Ngaronoa Te Aitanga a Hauiti, Ngati Hau Uepohatu
I am passionate about bringing our people together as multiple whanau, hapu and iwi – acknowledging the mana of those before us and those whom continue to work tirelessly for us. Aligning to this honour, as a director, my focus will be on intergenerational wellbeing through looking after the locals, their needs and expectations. I believe we should embrace who we are and do the best we can in each generation to help each other. My background has enabled me to work for our people in tertiary education, health, policy analysis and advising, investment, governance, representation and Te Tiriti o Waitangi. I like ‘systems’ so I studied a Bachelor of Science majoring in Neuro Anatomy and Structural Biology (Otago), and a Masters of Public Policy (Victoria). Creating the conditions for systems to be relevant to us, our way, I think is an intergenerational discussion. I hope to contribute something positive to it. I serve on multiple boards in the tertiary education and community sectors and currently work with policy at Te Taurā Whiri i Te Reo Māori (The Māori Language Commission)..
Carey Manuel
Te Whanau-a-Takimoana
Tena koutou e te whanau, ko Carey Manuel ahau. I love working with our whanau, hapu and iwi to develop opportunities for our people to thrive and I am stoked to be working with our people to develop those opportunities on the Coast. After studying at Otago University, I practised law for seven years in Tauranga Moana specialising in Environmental Law and Maori legal issues. I am currently the Chief Operations Officer at Poutiri Trust, a Maori charitable health trust based in Te Puke, which provides community health services to whanau throughout the Bay of Plenty. I am based in Tauranga Moana with my partner and our two tamariki.
Trevor Moeke
Horouta. Takitimu. Mataatua
As a weaver of people, business and narrative, I effect positive change in all I pursue. Through a career in both public and private sectors I have held multiple board, chair and strategic advisor positions across investment and education entities. I am currently the Principal Advisor, Crown Maori Capability for the New Zealand Treasury and Director for Kahungunu Assets Holding Company. I am co-founder of the World Indigenous Nations Higher Education Consortium and was chief executive of Maori broadcasting funding agency Te Mangai Paho (TMP). Piki te Kaha. Piki te Ora. Piki the Wairua.
What we've done so far
Hikurangi Enterprises and associated entities (namely, Hikurangi Bioactives LP) have achieved a range of Medical Cannabis related milestones to date. Following the granting of the Medical Cannabis Cultivation Licence to Hikurangi Cannabis Company, the assets and value of these milestones and undertakings would reside in Hikurangi Cannabis Company:
- Licenced two properties for low-THC cannabis cultivation and supported seven other local properties to secure licences and grow trial crops.
- Had two successful growing seasons producing 10,000 plants of approved low-THC varieties under licences held by Hikurangi Enterprises
- Had clinical trials protocols prepared by world-class medical researchers for a product based on CBD whole plant extract. Phase 1 study able to commence as soon as product is ready. A proven safe product can be licensed to medical researchers in New Zealand and around the world for testing efficacy in treating specific health conditions.
- Commissioned what is understood to be the first Carbon Dioxide (CO2) Supercritical Fluid Extraction of cannabis in New Zealand.
- Commissioned analysis of 2018 crop with initial results from independent lab testing finding Hikurangi plants produce an extract with a yield of 35% cannabinoids that is 88% CBD and only 7% THC of total cannabinoids.
- Positive discussions with government regulators to obtain a Medicinal Cannabis Cultivation Licence because clinical trials for a CBD product are part of our research and development work.
- Submitted application for a Licence for Medical Cannabis Cultivation to Ministry of Health.
- Signed conditional agreement with Seattle-based Rhizo Sciences to provide consultancy services in establishing cGMP (Current Good Manufacturing Practice, i.e. pharmaceutical grade) facilities using North American experts to advise on growing and extraction facility design, procedures and process design for cGMP accreditation, accessing and breeding high quality genetics, optimising growing and extraction processes for specific production outcomes, identifying key markets and prioritising resources to get to market quickly.
- Have a non-binding letter of intent with Rhizo Sciences for a potential order for extracts (CBD &/or THC) of 3,000kg in Year 1 rising to 12,000kg by Year 3 for export to Europe, Canada &/or Australia valued at NZ$160 million over three years provided certain conditions are met. In discussions with three other international customers for additional export orders.
- Developed international relationships with phytosanitary certified seed suppliers of high-CBD, low-THC genetic strains to optimise production opportunities and new IP.
- Secured research partners in New Zealand for breeding and genetics with 60 years of expertise in genetic selection and breeding.
- Secured partners in New Zealand with novel processes for optimising extraction and manufacturing services.
- Secured medical research partners with internationally recognised expertise in clinical trials for testing the safety and efficacy of new natural health products and pharmaceuticals.
- Established national coalition with four other New Zealand companies interested in developing the CBD export sector in New Zealand and secured NZ Trade and Enterprise support to progress the coalition.
- Negotiating lease and purchase agreements for another 40ha of suitable land to build growing and processing facilities on near Ruatorea.
- Prepared detailed financial plan demonstrating profitable company growing under 10,000m2 of glasshouses within two years employing 122 staff.
- Commissioned an initial Freedom to Operate search on existing Intellectual Property that may be of relevance to New Zealand companies developing cannabinoid-based products for New Zealand patients.
What's next?
There are over 500ha of suitable land available for legal cannabis conversion in the Waiapu Valley. With medical cannabis cultivation outperforming most other cropping options, the concept of adding legal cannabis into a mixed farming model makes sense, especially if it is grown year round, both outdoors and under cover with a positive environmental footprint.
Rapid growth in medical cannabis markets to date and predictions of continued exponential growth is well documented. Worldwide, the legal use of medicinal cannabis is quickly expanding with over 30 countries and 29 states in the US now legalising medical cannabis, many of them allowing only imported product.
Australian estimates of medical cannabis market size extrapolated for the New Zealand population suggest an annual domestic market of 50,000 units. Around 45,000 New Zealanders have epilepsy and 4,000 have Multiple Sclerosis. Based on figures adapted from a 2016 report by The University of Sydney, there is likely to be 3,500 New Zealanders with epilepsy and MS that wish to buy a CBD product once a month and a possible demand for up to 20,000 cancer treatments per annum, suggesting annual sales potential of around 50,000 units in New Zealand.
Patient advocacy group Medical Cannabis Awareness New Zealand estimates there are around 25,000 patients in New Zealand who will use medical cannabis regularly once safe, proven products are more affordable.
Domestic sales projections for Hikurangi Cannabis Company are still profitable based on selling affordable medicine to only a small proportion of potential patients as we anticipate competition from imported product and other New Zealand companies.
Risks and Challenges
|
Risks and Impact |
How we'll mitigate it. |
|
Key partners don’t deliver so business development runs over time/budget: Business development runs over budget and/ or over time. Funds depleted before business facilities and staff are operational, and/or delays cause loss of market lead. |
Due diligence has been done on the track record and ability to deliver via previous projects. Agreements are non-binding until they can and need to be and then all parties are committed to meeting key milestones and payments are connected to deliverables. For example supply contracts cannot be signed until funds are available post-share subscriptions or other sources to build facilities and clarify establishment timeframes and production schedules. Our key development partner will have a vested interest in the facilities being built and accredited on time as they are also a key customer who will have supply agreements to fulfil. In the worst case scenario other development partners could be enrolled from NZ and overseas. |
|
Exports are prohibited by NZ regulators: Unable to generate significant revenues from export to overseas markets, which would reduce production requirements. |
NZ legislation already allows export to any jurisdiction with the same or similar regulations for controlled drugs. There are proposals to change the law and the regulations to allow for the commercial cultivation of medical cannabis and medical cannabis is already legal to import. If for some reason exports were prohibited we would carry on developing proven medicines for domestic supply and licence the IP internationally. |
|
Not enough local growers to meet demand: Hikurangi is unable to meet supply opportunities. |
Hikurangi Enterprises has partnered with the Eastern Institute of Technology to offer a range of tertiary courses focused on the production of low-THC cannabis. Growers around New Zealand contact Hikurangi on a weekly basis asking to be able to grow for the company, so there seems to be no shortage of willing workers. Wages offered are between two and three times the local median income, so we are confident there will be interest in the jobs available. |
|
Not enough land to meet demand: Hikurangi is unable to meet supply opportunities. |
Numerous landowners locally and nationwide who have offered land blocks for growing. Over 500ha of cropping land is available in the Waiapu Valley alone, more than a dozen landblocks have approached Hikurangi enquiring about opportunities to grow cannabis for the company. |
|
Do not hit forecasts: Unable to reach revenue targets, impacting on viability of business, return on investment, contractual obligations to customers and future supply contracts. |
Hikurangi Cannabis Company production capacity is proven with 2016/17 and 2017/18 growing seasons. The company will have established extraction and manufacturing capability and have trained staff in role before production commitments are made. Production contracts will account for influences beyond the control of the company including adverse weather, regulatory changes and currency fluctuations |
|
Issues with international regulators: Time delays to engage alternative regulatory advisers. |
Our international partners are well versed with the global market and regulatory trends and changes. Initially they will manage these relationships and supply arrangements. NZTE have strongly supported the company to date and provide business advisors and contacts in key markets/jursidictions around the world. |
|
Loss of or unable to recruit key staff: Delay in meeting production targets. |
Company procedures, key contacts and systems will be shared amongst the management team and stored securely. Strong demand exists for work in this emerging industry and talented people do not seem to be in short supply. The relative isolation is a barrier for some people but a magnet for others. Without advertising and well before we need them, Hikurangi has already been approached by a number of highly skilled and experienced scientists, technicians and managers with proven track-records in roles similar to those we are requiring. |
|
Sufficient funds are not raised to enable full project activities and facilities to be completed: Timeframe for reaching goals is extended. |
The research and production activities and facilities are all scalable, in the unlikely event we don’t find enough investors the plans will be scaled back and we will focus on product development and undertaking the clinical trials with available infrastructure and outsourcing some processing. |
|
Necessary consents and licences are not secured: Unable to carry out proposed activities. |
Strong support exists within the local consents regulator to support sustainable new industry and the industry has no more than minor impact on the environment so resource consents will be easy to obtain. Ministry of Health have been very supportive and cooperative in helping Hikurangi to attain the necessary licence for Medical Cannabis Cultivation - the company has designed security and traceability systems that will comply with the highest standards internationally, combined with strong political support for NZ based clinical trials and developing a local industry there should be no delays in obtaining the necessary licence provided the research plan is communicated clearly. |
Note from PledgeMe
We have completed a Veda check on the company and their directors, as well as a google check. There were no adverse findings.
Updates 2
You need to pledge to see this update.
You need to pledge to see this update.
Details
Offer Details
| Current Valuation | 180,001 |
| Raise Minimum | 500,000 |
| Raise Maximum | 2,000,000 |
| Share Price | 1.00 |
| Minimum Pledge | 50.00 |
| Maximum Shares Offered | 2,000,000 |
Explanation of valuation:
WIL has a pre-money valuation of $180,001, which is the value of 180,001
shares, prior to the capital raise. The company will not hold any tangible
assets until after capital is raised, $180,001 is a goodwill value.
Financial Summary
| Prev Year | Current Year | Est. FY 2025 | Est. FY 2026 | |
|---|---|---|---|---|
| Revenue | NZ $0 | NZ $477,986 | NZ $541,484 | NZ $568,505 |
| Operating Expenses | NZ $50,000 | NZ $50,000 | NZ $50,000 | NZ $50,000 |
| EBITDA | -NZ $50,000 | NZ $427,986 | NZ $491,484 | NZ $518,505 |
| Net Profit | -NZ $50,000 | NZ $427,986 | NZ $491,484 | NZ $518,505 |
Company Details
Company Name: Waiapu Investments Limited
Company Number: 6614353
Company Documents
Director Details
| Name | Role | Profile URL | Invested? |
|---|---|---|---|
| Panapa Ehau | Director | https://www.linkedin.com/in/panapa-ehau-5b79666/ | ✗ |
| Carey Manuel | Director | https://www.linkedin.com/in/carey-manuel-977aa076 | ✗ |
| Kevin Dell | Director | https://www.linkedin.com/in/kevin-dell-1a8a2698/ | ✗ |
| Jacqui Poutu | Director | https://www.linkedin.com/in/jacqui-poutu-348ba3a4/ | ✗ |
| Trevor Moeke | Director | https://www.linkedin.com/in/trevor-j-moeke-09519724/ | ✗ |
Questions 59
kia ora, could I be put on the waitlist, keen to support the kaupapa
Posted on 11-11-2019 by FrancisKia Ora how am I able to get on the wait list my dad is wanting some but he's technology inclined and found out too late. Is there anyway I can put hisome name on there?
Posted on 26-07-2018 by Tomairangi Te PuniKia Ora,
I have completed my bank payment as requested for shares. Do I receive confirmation to say that the money has been received and I now officially have shares?
Kia ora...would like to know if I can be on the wait list as I so missed out. Nga mihi cj
Posted on 26-05-2018 by Connie karaKia ora Connie,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Hi, Just wondering if you can confirm my spot on the waitlist? Tried both nights to pledge and was sure that I was one of the first to fill out the google document as I had it refreshing every 5 minutes or so. Had been waiting months for this.
Posted on 23-05-2018 by Shayna CherryKia ora Shayna,
There is a Shayna very close to the top of the waitlist. If you can email us on [email protected] and confirm your last name we can confirm where you are on the list.
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
I'd like to pledge but I'm late to the party when will there be an update?
Posted on 22-05-2018 by Matthew LeefKia ora Matthew,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Please put me on your waitlist
Posted on 21-05-2018 by Margiana CullinanKia ora Margiana,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia ora,
Huge potential in your venture!
Could I please go on your waiting list.
Thank you.
Posted on 21-05-2018 by Richard ScottKia ora Richard,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia or a can you confirm if I am on the waitlist please.
Posted on 21-05-2018 by Toni Robyn SadlierKia ora Toni,
I can confirm that you are on the waitlist.
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia Ora, please place me on the wait list for any future shares. Ngā mihi, sheridan
Posted on 20-05-2018 by Sheridan McKinleyKia ora Sheridan,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia ora , I’m very interested in how I can become apart of this I’ve had a history of growing medical canibis for my friends and family for 20 years.
I own rural property and a large shed and would be willing to use it for the cultivation.
If I can help in anyway I’ll be willing to help financially in setting up an operation.
Can you get back to me
Thanks
Kia ora Ricky,
You can get ahold of the Waiapu and Hikurangi crew here: https://hikurangi.enterprises/contact/
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
We are also very disappointed - can you also put me on the waitlist.
Posted on 20-05-2018 by Christina PerryKia ora Christina,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Please add me to the waitlist, thanks. Attempted to obtain shares on Pledgeme, no deal!
Posted on 20-05-2018 by Laurence AnstisKia ora Laurence,
I can confirm that you are on the waitlist.
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
how does one get on the waiting list if people pull out or do not pay for shares on time please.
Posted on 19-05-2018 by nadine staceKia ora Nadine,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Tena koe, how do i get on the waiting list. Tbe fb website doesnt appear to allow...Tena na ra bae...
Posted on 17-05-2018 by WiKia ora Wi, you can register your interest here: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Answered on 17-05-2018 by Panapa Ehau from Waiapu Investments Limited
Could I please be placed on the wait list. Thank you
Posted on 17-05-2018 by Kelvin MaruKia ora Kelvin, you can add how much you'd be interested in pledging here: https://goo.gl/forms/2BO14XlE4zYSK4LA2. Thank you!
Answered on 17-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia ora,
Received confirmation of my pledge via email. Have not recieved payment details, can you please advise.
Nga mihi nui,
Treena
Kia ora Treena, PledgeMe will send payment details once they have verified you. If you chose bank deposit, you then have 10 working days to pay.
Answered on 17-05-2018 by Panapa Ehau from Waiapu Investments Limited
We registered in Uawa and gave bank details etc. The information given was to wait for pledge me to automatically take the funds from our account. We would like to know when this will take place?
Posted on 16-05-2018 by makahuri thatcherKia ora Makahuri, PledgeMe will process that pledge against your card once they have verified your identity and address. They will be in touch if they need any more information. Thank you for your support.
Answered on 17-05-2018 by Panapa Ehau from Waiapu Investments Limited
I got a message saying I was successful when can I expect to need to pay through my pledge?
Posted on 16-05-2018 by Callum McGibbonKia ora Callum, PledgeMe will send payment details once they have verified you. If you chose bank deposit, you then have 10 working days to pay.
Answered on 17-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia Ora can you please confirm if my pledge was successful.I received an email on this site but I cant find it! If I was successful, how long before I can pledge?
Posted on 15-05-2018 by Josie M TakiariKia ora Josephine,
As an investor, we’re legally required to verify your identity by checking the information you provided us against a verification database. You don’t need to do anything right now, but if we need more information from you we will be in touch. Once you’ve been verified, you’ll get an email with payment instructions and the deadline for payment.
Ngā mihi
The PledgeMe team
Answered on 15-05-2018 by Panapa Ehau from Waiapu Investments Limited
Wil i ht a email as to how to pay pledges
Posted on 14-05-2018 by Cheryl NeilingKia ora Cheryl,
As an investor, we’re legally required to verify your identity by checking the information you provided us against a verification database. You don’t need to do anything right now, but if we need more information from you we will be in touch. Once you’ve been verified, you’ll get an email with payment instructions and the deadline for payment.
Ngā mihi
The PledgeMe team
Answered on 15-05-2018 by Panapa Ehau from Waiapu Investments Limited
i competed the form, i got confirmation of my pledge being successful.got the update, so how am I supposed to complete it, i am still waiting.
Posted on 14-05-2018 by Maxine WateneKia ora Maxine,
As an investor, we’re legally required to verify your identity by checking the information you provided us against a verification database. You don’t need to do anything right now, but if we need more information from you we will be in touch. Once you’ve been verified, you’ll get an email with payment instructions and the deadline for payment.
Ngā mihi
The PledgeMe team
Answered on 15-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia Ora from Australia. Did my pledge get accepted, I did my pledge on pledgeme.co.nz, it was 160?
Posted on 13-05-2018 by Villaine ParnellKia ora Villaine,
We'll send you an email about this.
Ngā mihi
The PledgeMe team
Answered on 15-05-2018 by Panapa Ehau from Waiapu Investments Limited
Good morning.
I wanted to pledge but due to the massive success of this campaign, I wasnt able to get my pledge it - the site kept crashing.
I have read you would consider people on waiting list to be able to buy some more shares?
Please enlist me on the waitlisting and keep me updated.
Thanks and all the best on this journey. :-)
Posted on 12-05-2018 by TaijeshKia ora Taijesh,
You can register how much you're interested in pledging to this waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Thanks for your support!
Answered on 13-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia ora, I received an email to 'confirm that you have been allocated shares at the rate you pledged' but I am unable to pledge on this site. Did I miss out or am I on a wait list? Thanks
Posted on 11-05-2018 by Maru NihonihoKia ora Maru,
I can confirm that your pledge has been added to your profile. We will now verify your identity and address. Once that's done you'll receive payment details. Feel free to send us an email on [email protected] if you have any further questions!
Ngā mihi,
Anna (on behalf of PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Can i please get on the list if more shares are offered?
Posted on 11-05-2018 by JoshKia ora Josh,
You can get added to the waitlist at this link: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi,
Anna (on behalf of PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Hi there kia ora, I wrote you yesterday,and just want to confirm I'd love to be put on your waiting list,Thanks for the opportunity.
Posted on 11-05-2018 by Benjamin GregoryKia ora Benjamin. I will email you directly to follow this up. Ngā mihi, Anna
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
So disappointing to put it nicely, like others I've waited months to grab shares in this, like others I tried at seven on the dot (both nights) like others I am p*%(#!??@ pledge me, totally bummed, (NOT GOOD ENOUGH) to say first in first served when we couldn't "get in".
Posted on 11-05-2018 by Dion TipunaKia ora Dion. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. It was fantastic there was so much support for Waiapu for their public launch, but it meant only 340 pledgers got in before those final shares were allocated from the over 4,000 people online and waiting to pledge. It was incredibly disappointing that our website was overwhelmed with the tidal wave of support that flowed in for Hikurangi. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Still not able to pledgeme
Posted on 10-05-2018 by Sonya BirchKia ora Sonya. Thanks for your support of Waiapu. Please let us know if you would like to be placed on our waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Ngā mihi ki a koutou me te kaupapa. Love to pledge but missed with the crash. Hope it opens again. Ngā mihi
Posted on 10-05-2018 by Sheridan McKinleyKia ora Sheridan. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. It was incredibly disappointing that our website was overwhelmed with the tidal wave of support that flowed in for Hikurangi. Please let us know if you would like to be placed on our waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
I missed the boat can you open it up again.
Posted on 10-05-2018 by solcadaKia ora. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. Please let us know if you would like to be placed on our waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Hi there,I've been watch you on TV,in the news paper,Gotten a lot of people too look ibto tour pledge because its such an amazing thing for NZ and all the sick people looking for something to make life just that little bit easier, and been watch you for months waiting for your pledge page to launch,I missed out on Tuesday as your pledge page crashed so missed out,and then yesterday I missed out as all pledges had been fulfilled before I could get in,just wondering if any more shares will be up on offer,has a person who has had kemo and other heath issues, I completely understand the benifits of the products this company is looking to produce...Will be grately appreciated to have to opportunity to become part if this movement as its forges its way into the future and beyond..please let me know if any share come as I'd be looking a pledging $500.
Posted on 10-05-2018 by Benjamin GregoryKia ora Benjamin. Thanks for your support of Waiapu. hile it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. It was incredibly disappointing that our website was overwhelmed with the tidal wave of support that flowed in for Hikurangi. Please let us know if you would like to be placed on our waitlist. Ngā mihi, Anna (Team PledgeMe
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
kia ora I completed the form and my manual Pledge last nite was successful, obviously the are going thru the thousands of manual pledges etc. and they informed they were going contact me via email. OK so im waiting in a queue for info how to make my pledge, but how long and how do I do it ?
Posted on 10-05-2018 by Teddy AndrewsKia ora Teddy. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Hi there I live in Gisborne and would like to pledge to this is I can please let me know, thanks.
Posted on 10-05-2018 by Kirra DearmanKia ora Kirra. Please let us know if you would like to be placed on our waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Could not any shates last night. The link crashed, please contact me if any shares available.
Posted on 10-05-2018 by Danielle ArmstrongKia ora Danielle. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. It was incredibly disappointing that our website was overwhelmed with the tidal wave of support that flowed in for Hikurangi. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
I have been trying to pledge for 2 straight nights. First the site was crashed, then tried again last night and this morning, now it won't let me pledge 50. Saying equity maximum? I'm really upset, have been at this for days and wanted to be a part of this. It has been a really unfair process many of us spending hours only to be let down. Wht has the minimum amount been increased? Not exactly fair for those of us that have less money but still made the effort to and deserved to be a part of this. Totally disappointed.
Posted on 10-05-2018 by Kirsty OsborneKia ora Kirsty. We hear your disappointment. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. It was fantastic there was so much support for Waiapu for their public launch, but it meant only 340 pledgers got in before those final shares were allocated from the over 4,000 people online and waiting to pledge. It was incredibly disappointing that our website was overwhelmed with the tidal wave of support that flowed in for Hikurangi. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Tried to pledge but says amount exceeded?? Will there be more shares offered?
Posted on 10-05-2018 by AliKia ora Ali. As you might have seen from the messages above, just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Congratulations on getting so much interest. Boohoo to me go missing out...I want in on this as you are leading the way. Aroha.
Posted on 10-05-2018 by denise jamiesonKia ora Denise. As you might have seen from the messages above, just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. Please let us know if you would like to go on the waitlist. Ngā mihi, Anna (Team PledgeMe).
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
I hope this did not happen like it did. I followed everything the site was down 7 o'clock yesterday and today I went to the Facebook Page filled out the document as suggested I'm already pre registered. I thought I'll check this just before bedtime I cannot believe my eyes that this is happened like this but I will be waiting for a reply. And hope. That even though I missed this because of the I'll equipped site I still get my shares as requested on that document advise by email on your Facebook page. Because business is business and this is not sport of how pledge me handled it tonight.
Posted on 09-05-2018 by NickKia ora Nick, I can confirm the campaign is NOT closed yet – we have manually closed it to use the form that you completed instead, but the campaign’s upper goal is still $2,000,000. Disregard any emails you received saying the campaign reached its target – those are due to us manually closing it.
You will receive email confirmation in the coming days to finalise your pledge, or will be added to the waiting list if the campaign has reached its maximum target.
Cheers,
Anna (on behalf of PledgeMe)
Answered on 09-05-2018 by Panapa Ehau from Waiapu Investments Limited
I am trying to pledge 1000 but it is saying shares exceeded. Are they all gone? Have tried to get on at both times offered but have been blocked by the crash till now...
Posted on 09-05-2018 by Nathan SowterKia ora Nathan. I can confirm that you have been allocated the shares you applied for through the form. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Hi, it’s saying Maximum Value exceeded for any amount - even when I put in $50?
Posted on 09-05-2018 by Bobby TokaKia ora Bobby. As you might have seen from the messages above, just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Same will not let me pledge. I am guessing that I was too late. Please contact if any more shares are on offer.
Posted on 09-05-2018 by WendyKia ora Wendy. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Please adds some more! missed out this time!!
Posted on 09-05-2018 by Daniel WatersonKia ora Jeremy. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Am I able to pledge even though I live in Australia
Posted on 09-05-2018 by Shai GriffithsKia ora Shai. Apologies for the delay in reply. It is possible to pledge fro Australia if you have a New Zealand passport and can provide proof of your address. Please let me know if you would like to go on the waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Did I miss the boat? Want to buy 3000
Posted on 09-05-2018 by Jeremy LeeKia ora Jeremy. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia Ora am trying to pledge & its saying the max amount I can pledge has been exceeded. I'v also filled in the waitlist doc will those pledges also be denied?
Posted on 09-05-2018 by Linda Te MaraKia ora Linda. As you might have seen from the messages above, just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
If i filled in form form on FB earlier, does that mean i still have a chance with an investment...
Posted on 09-05-2018 by Maria Ngarimu EdwardsKia ora Maria. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
I’m the same boat as Craig. Please contact me when some pledges fail to complete. I too completed the google form and have funds available.
Posted on 09-05-2018 by Tony DavenportKia ora Tony. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Unfortunately I’m in the same boat too! I also waited quite some time for this opportunity and just missed out.
Please let us know if there is another chance to invest in the near future. Thanks!
Kia ora Chi. As you might have seen from the messages above, just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
It's saying there's not enough equity. Is that true? I feel hard done by if so
Posted on 09-05-2018 by Te Huia Paniora-HepiKia ora Te Huia. We hear your frustration. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. However, I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Tried to use the pledgeme site but kept crashing on final steps on payment. I have filled out the google doc form. Will you make further contact from there?
Posted on 09-05-2018 by Brendan CrennellKia ora Brendan. We hear your frustration. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. However, I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
im very disappointed at missing out as have been waiting months for this. will there be another opportunity?
Posted on 09-05-2018 by craigKia ora Craig. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. It was fantastic there was so much support for Waiapu for their public launch, but it meant only 340 pledgers got in before those final shares were allocated from the over 4,000 people online and waiting to pledge. Hopefully some room will become available on the waitlist, or in future campaigns. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kiaora, Will more shares be added? I tried to pledge but it said the amount had been exceeded
Posted on 09-05-2018 by Bronwyn Ngatai-HawtinKia ora Bronwyn. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. It was fantastic there was so much support for Waiapu for their public launch, but it meant only 340 pledgers got in before those final shares were allocated from the over 4,000 people online and waiting to pledge. Hopefully some room will become available on the waitlist, or in future campaigns. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
I received an email advising that i can now pledge on pledge me and.....The maximum value you may pledge has been exceeded.
Please reduce the amount of your pledge....I am wanting to invest more than the minimum pledge amount
Kia ora Chloe. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. If you want to invest again, some room will become available on the waitlist, or in future campaigns. Let us know if you would like to go on the waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
If I want to pledge and transfer it to my two babies name later, is there a age where they can legally receive it?
Posted on 09-05-2018 by Kiriana ReedyKia ora Kiriana. You can transfer to your babies at any age once we have verified your identity. Once you receive an email confirming you have verified and have made your payment, you can request a share transfer form. Thank you for your support of Waiapu! Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
If I am pledging on behalf of my whanau, is it better to pledge each one individually? Or pledge in bulk? Just want to make sure that the trasnfer later on is easy & transparent :)
Posted on 08-05-2018 by Hiria ParataKia ora Hiria. It is a straightforward process to transfer to your whanau once we have verified your identity. Once you receive an email confirming you have verified and have made your payment, you can request a share transfer form. Thank you for your support of Waiapu! Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Pledgers 1119
22/08/2018 at 7:32am
22/08/2018 at 7:31am
14/08/2018 at 4:40pm
14/08/2018 at 4:40pm
14/08/2018 at 12:23pm
10/08/2018 at 2:39pm
08/08/2018 at 12:00pm
07/08/2018 at 12:04pm
07/08/2018 at 9:57am
30/07/2018 at 1:34pm
23/07/2018 at 3:58pm
23/07/2018 at 3:56pm
23/07/2018 at 3:55pm
23/07/2018 at 3:53pm
23/07/2018 at 3:53pm
23/07/2018 at 3:52pm
23/07/2018 at 3:52pm
23/07/2018 at 3:51pm
23/07/2018 at 3:49pm
23/07/2018 at 3:49pm
23/07/2018 at 3:35pm
18/07/2018 at 6:12pm
18/07/2018 at 6:08pm
18/07/2018 at 1:59pm
18/07/2018 at 1:58pm
17/07/2018 at 2:24pm
17/07/2018 at 12:24pm
17/07/2018 at 12:23pm
17/07/2018 at 12:21pm
17/07/2018 at 12:20pm
Waiapu Investments | Hikurangi Cannabis
Waiapu Investments
Waiapu Investments Limited (WIL) is a new investment company established by Hikurangi Enterprises to raise capital to invest in economically, socially and environmentally sustainable businesses based in Te Tairawhiti.
Hikurangi Cannabis Company
Based in Ruatorea, Hikurangi Cannabis aims to be the first producer of pharmaceutical grade cannabis in New Zealand, the first to conduct a clinical trial of a New Zealand made medical cannabis product and the first to export medical cannabis products from New Zealand.
Hikurangi Cannabis' vision is to:
- create local jobs on the East Coast
- apply local knowledge to local situations
- create opportunities for local people to lead local development
- conduct itself at the highest ethical, quality and environmental standards
The money raised by WIL through this equity crowdfunding campaign will be invested into Hikurangi Cannabis in order for the 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.
You can read the full details of the offer in our Information Memorandum.
Kaupapa and Values
Ponotanga/tikanga/manaakitanga:
integrity, honesty, openness, transparency, knowing and hospitality
Mauitanga:
innovation, creativity and resourcefulness
Kaitiakitanga and taonga tuku iho:
sustainable stewardship and responsibility for the treasures with which we have been entrusted
Whanaungatanga:
recognition of whakapapa and the generations that have gone, those still to come and the importance of enduring relationships
Wairuatanga:
acknowledgement of the spiritual and metaphysical dimensions of our work and all relationships
Te Tiriti o Waitangi:
acknowledging that we have our own systems, power and authority to protect our whanau, whenua and whakapapa
The Crowdfunding Share Offer
We are offering up to two million non-voting shares in WIL as follows:
- price per share = NZ$1.00
- minimum individual investment = $50 (50 shares)
- minimum funding goal: $500,000
- maximum funding goal: $2,000,000 from the crowd through PledgeMe, plus any amount raised from exempt investors (see our Information Memorandum for more details)
For a full view of our pre-money and post-money shareholdings, as well as the rights attached to the shares, read our Information Memorandum.
Use of capital
Potential return on investment
The intention is that the company will remain in the community where it starts. Some companies that WIL invests in (including, for example, Hikurangi Cannabis Company) may eventually be listed on a stock exchange, but there is no current intention that WIL will be listed on a stock exchange.
We do not know when WIL shareholders will receive dividends, but Hikurangi Cannabis Company aims to create a profit within the first two years of operation and provide a dividend to its shareholders within the first three years. Please see our assumptions relating to the financial forecasts under the heading “WIL Financial Forecasts” at page 25 of our Information Memorandum.
While WIL has no control over Hikurangi Cannabis Company and Hikurangi Hemp Holdings, it will use it’s best endeavours to see that it’s shareholders get a reasonable return.
About our Team
Hikurangi Enterprises has chosen the inaugural board members for WIL based on their alignment with the goals and values of the company along with the experience, skills and networks they bring.
Panapa Ehau
Uepohatu.
As a co-founder of Hikurangi Enterprises I am passionate about the well-being of our whanau and our whenua. I grew up in Ruatorea and returned to the East Coast five years ago to raise my young family after two decades of study, travel and business experience. It is with great honour and excitement that I am privileged to walk alongside our whanau and supporters to explore and create opportunities to benefit our people now and for future generations. As a director and trustee on a number of the Hikurangi Group entities I am focused on transparency and success.
Kevin Dell
I was a commercial partner in AWS Legal, Southland for about 40 years. During that time I was President of the Southland District law Society and on the Board of the New Zealand Law Society. I was also on the boards of Lawlink, a group of New Zealand legal firms and an Invercargill City Council controlled company. I recently retired with my wife Hinetu to Ruatorea.
Jacqui Poutu
Ngati Ngaronoa Te Aitanga a Hauiti, Ngati Hau Uepohatu
I am passionate about bringing our people together as multiple whanau, hapu and iwi – acknowledging the mana of those before us and those whom continue to work tirelessly for us. Aligning to this honour, as a director, my focus will be on intergenerational wellbeing through looking after the locals, their needs and expectations. I believe we should embrace who we are and do the best we can in each generation to help each other. My background has enabled me to work for our people in tertiary education, health, policy analysis and advising, investment, governance, representation and Te Tiriti o Waitangi. I like ‘systems’ so I studied a Bachelor of Science majoring in Neuro Anatomy and Structural Biology (Otago), and a Masters of Public Policy (Victoria). Creating the conditions for systems to be relevant to us, our way, I think is an intergenerational discussion. I hope to contribute something positive to it. I serve on multiple boards in the tertiary education and community sectors and currently work with policy at Te Taurā Whiri i Te Reo Māori (The Māori Language Commission)..
Carey Manuel
Te Whanau-a-Takimoana
Tena koutou e te whanau, ko Carey Manuel ahau. I love working with our whanau, hapu and iwi to develop opportunities for our people to thrive and I am stoked to be working with our people to develop those opportunities on the Coast. After studying at Otago University, I practised law for seven years in Tauranga Moana specialising in Environmental Law and Maori legal issues. I am currently the Chief Operations Officer at Poutiri Trust, a Maori charitable health trust based in Te Puke, which provides community health services to whanau throughout the Bay of Plenty. I am based in Tauranga Moana with my partner and our two tamariki.
Trevor Moeke
Horouta. Takitimu. Mataatua
As a weaver of people, business and narrative, I effect positive change in all I pursue. Through a career in both public and private sectors I have held multiple board, chair and strategic advisor positions across investment and education entities. I am currently the Principal Advisor, Crown Maori Capability for the New Zealand Treasury and Director for Kahungunu Assets Holding Company. I am co-founder of the World Indigenous Nations Higher Education Consortium and was chief executive of Maori broadcasting funding agency Te Mangai Paho (TMP). Piki te Kaha. Piki te Ora. Piki the Wairua.
What we've done so far
Hikurangi Enterprises and associated entities (namely, Hikurangi Bioactives LP) have achieved a range of Medical Cannabis related milestones to date. Following the granting of the Medical Cannabis Cultivation Licence to Hikurangi Cannabis Company, the assets and value of these milestones and undertakings would reside in Hikurangi Cannabis Company:
- Licenced two properties for low-THC cannabis cultivation and supported seven other local properties to secure licences and grow trial crops.
- Had two successful growing seasons producing 10,000 plants of approved low-THC varieties under licences held by Hikurangi Enterprises
- Had clinical trials protocols prepared by world-class medical researchers for a product based on CBD whole plant extract. Phase 1 study able to commence as soon as product is ready. A proven safe product can be licensed to medical researchers in New Zealand and around the world for testing efficacy in treating specific health conditions.
- Commissioned what is understood to be the first Carbon Dioxide (CO2) Supercritical Fluid Extraction of cannabis in New Zealand.
- Commissioned analysis of 2018 crop with initial results from independent lab testing finding Hikurangi plants produce an extract with a yield of 35% cannabinoids that is 88% CBD and only 7% THC of total cannabinoids.
- Positive discussions with government regulators to obtain a Medicinal Cannabis Cultivation Licence because clinical trials for a CBD product are part of our research and development work.
- Submitted application for a Licence for Medical Cannabis Cultivation to Ministry of Health.
- Signed conditional agreement with Seattle-based Rhizo Sciences to provide consultancy services in establishing cGMP (Current Good Manufacturing Practice, i.e. pharmaceutical grade) facilities using North American experts to advise on growing and extraction facility design, procedures and process design for cGMP accreditation, accessing and breeding high quality genetics, optimising growing and extraction processes for specific production outcomes, identifying key markets and prioritising resources to get to market quickly.
- Have a non-binding letter of intent with Rhizo Sciences for a potential order for extracts (CBD &/or THC) of 3,000kg in Year 1 rising to 12,000kg by Year 3 for export to Europe, Canada &/or Australia valued at NZ$160 million over three years provided certain conditions are met. In discussions with three other international customers for additional export orders.
- Developed international relationships with phytosanitary certified seed suppliers of high-CBD, low-THC genetic strains to optimise production opportunities and new IP.
- Secured research partners in New Zealand for breeding and genetics with 60 years of expertise in genetic selection and breeding.
- Secured partners in New Zealand with novel processes for optimising extraction and manufacturing services.
- Secured medical research partners with internationally recognised expertise in clinical trials for testing the safety and efficacy of new natural health products and pharmaceuticals.
- Established national coalition with four other New Zealand companies interested in developing the CBD export sector in New Zealand and secured NZ Trade and Enterprise support to progress the coalition.
- Negotiating lease and purchase agreements for another 40ha of suitable land to build growing and processing facilities on near Ruatorea.
- Prepared detailed financial plan demonstrating profitable company growing under 10,000m2 of glasshouses within two years employing 122 staff.
- Commissioned an initial Freedom to Operate search on existing Intellectual Property that may be of relevance to New Zealand companies developing cannabinoid-based products for New Zealand patients.
What's next?
There are over 500ha of suitable land available for legal cannabis conversion in the Waiapu Valley. With medical cannabis cultivation outperforming most other cropping options, the concept of adding legal cannabis into a mixed farming model makes sense, especially if it is grown year round, both outdoors and under cover with a positive environmental footprint.
Rapid growth in medical cannabis markets to date and predictions of continued exponential growth is well documented. Worldwide, the legal use of medicinal cannabis is quickly expanding with over 30 countries and 29 states in the US now legalising medical cannabis, many of them allowing only imported product.
Australian estimates of medical cannabis market size extrapolated for the New Zealand population suggest an annual domestic market of 50,000 units. Around 45,000 New Zealanders have epilepsy and 4,000 have Multiple Sclerosis. Based on figures adapted from a 2016 report by The University of Sydney, there is likely to be 3,500 New Zealanders with epilepsy and MS that wish to buy a CBD product once a month and a possible demand for up to 20,000 cancer treatments per annum, suggesting annual sales potential of around 50,000 units in New Zealand.
Patient advocacy group Medical Cannabis Awareness New Zealand estimates there are around 25,000 patients in New Zealand who will use medical cannabis regularly once safe, proven products are more affordable.
Domestic sales projections for Hikurangi Cannabis Company are still profitable based on selling affordable medicine to only a small proportion of potential patients as we anticipate competition from imported product and other New Zealand companies.
Risks and Challenges
|
Risks and Impact |
How we'll mitigate it. |
|
Key partners don’t deliver so business development runs over time/budget: Business development runs over budget and/ or over time. Funds depleted before business facilities and staff are operational, and/or delays cause loss of market lead. |
Due diligence has been done on the track record and ability to deliver via previous projects. Agreements are non-binding until they can and need to be and then all parties are committed to meeting key milestones and payments are connected to deliverables. For example supply contracts cannot be signed until funds are available post-share subscriptions or other sources to build facilities and clarify establishment timeframes and production schedules. Our key development partner will have a vested interest in the facilities being built and accredited on time as they are also a key customer who will have supply agreements to fulfil. In the worst case scenario other development partners could be enrolled from NZ and overseas. |
|
Exports are prohibited by NZ regulators: Unable to generate significant revenues from export to overseas markets, which would reduce production requirements. |
NZ legislation already allows export to any jurisdiction with the same or similar regulations for controlled drugs. There are proposals to change the law and the regulations to allow for the commercial cultivation of medical cannabis and medical cannabis is already legal to import. If for some reason exports were prohibited we would carry on developing proven medicines for domestic supply and licence the IP internationally. |
|
Not enough local growers to meet demand: Hikurangi is unable to meet supply opportunities. |
Hikurangi Enterprises has partnered with the Eastern Institute of Technology to offer a range of tertiary courses focused on the production of low-THC cannabis. Growers around New Zealand contact Hikurangi on a weekly basis asking to be able to grow for the company, so there seems to be no shortage of willing workers. Wages offered are between two and three times the local median income, so we are confident there will be interest in the jobs available. |
|
Not enough land to meet demand: Hikurangi is unable to meet supply opportunities. |
Numerous landowners locally and nationwide who have offered land blocks for growing. Over 500ha of cropping land is available in the Waiapu Valley alone, more than a dozen landblocks have approached Hikurangi enquiring about opportunities to grow cannabis for the company. |
|
Do not hit forecasts: Unable to reach revenue targets, impacting on viability of business, return on investment, contractual obligations to customers and future supply contracts. |
Hikurangi Cannabis Company production capacity is proven with 2016/17 and 2017/18 growing seasons. The company will have established extraction and manufacturing capability and have trained staff in role before production commitments are made. Production contracts will account for influences beyond the control of the company including adverse weather, regulatory changes and currency fluctuations |
|
Issues with international regulators: Time delays to engage alternative regulatory advisers. |
Our international partners are well versed with the global market and regulatory trends and changes. Initially they will manage these relationships and supply arrangements. NZTE have strongly supported the company to date and provide business advisors and contacts in key markets/jursidictions around the world. |
|
Loss of or unable to recruit key staff: Delay in meeting production targets. |
Company procedures, key contacts and systems will be shared amongst the management team and stored securely. Strong demand exists for work in this emerging industry and talented people do not seem to be in short supply. The relative isolation is a barrier for some people but a magnet for others. Without advertising and well before we need them, Hikurangi has already been approached by a number of highly skilled and experienced scientists, technicians and managers with proven track-records in roles similar to those we are requiring. |
|
Sufficient funds are not raised to enable full project activities and facilities to be completed: Timeframe for reaching goals is extended. |
The research and production activities and facilities are all scalable, in the unlikely event we don’t find enough investors the plans will be scaled back and we will focus on product development and undertaking the clinical trials with available infrastructure and outsourcing some processing. |
|
Necessary consents and licences are not secured: Unable to carry out proposed activities. |
Strong support exists within the local consents regulator to support sustainable new industry and the industry has no more than minor impact on the environment so resource consents will be easy to obtain. Ministry of Health have been very supportive and cooperative in helping Hikurangi to attain the necessary licence for Medical Cannabis Cultivation - the company has designed security and traceability systems that will comply with the highest standards internationally, combined with strong political support for NZ based clinical trials and developing a local industry there should be no delays in obtaining the necessary licence provided the research plan is communicated clearly. |
Note from PledgeMe
We have completed a Veda check on the company and their directors, as well as a google check. There were no adverse findings.
You need to pledge to see this update.
You need to pledge to see this update.
Offer Details
| Current Valuation | 180,001 |
| Raise Minimum | 500,000 |
| Raise Maximum | 2,000,000 |
| Share Price | 1.00 |
| Minimum Pledge | 50.00 |
| Maximum Shares Offered | 2,000,000 |
Explanation of valuation:
WIL has a pre-money valuation of $180,001, which is the value of 180,001
shares, prior to the capital raise. The company will not hold any tangible
assets until after capital is raised, $180,001 is a goodwill value.
Financial Summary
| Prev Year | Current Year | Est. FY 2025 | Est. FY 2026 | |
|---|---|---|---|---|
| Revenue | NZ $0 | NZ $477,986 | NZ $541,484 | NZ $568,505 |
| Operating Expenses | NZ $50,000 | NZ $50,000 | NZ $50,000 | NZ $50,000 |
| EBITDA | -NZ $50,000 | NZ $427,986 | NZ $491,484 | NZ $518,505 |
| Net Profit | -NZ $50,000 | NZ $427,986 | NZ $491,484 | NZ $518,505 |
Company Details
Company Name: Waiapu Investments Limited
Company Number: 6614353
Company Documents
Director Details
| Name | Role | Profile URL | Invested? |
|---|---|---|---|
| Panapa Ehau | Director | https://www.linkedin.com/in/panapa-ehau-5b79666/ | ✗ |
| Carey Manuel | Director | https://www.linkedin.com/in/carey-manuel-977aa076 | ✗ |
| Kevin Dell | Director | https://www.linkedin.com/in/kevin-dell-1a8a2698/ | ✗ |
| Jacqui Poutu | Director | https://www.linkedin.com/in/jacqui-poutu-348ba3a4/ | ✗ |
| Trevor Moeke | Director | https://www.linkedin.com/in/trevor-j-moeke-09519724/ | ✗ |
kia ora, could I be put on the waitlist, keen to support the kaupapa
Posted on 11-11-2019 by FrancisKia Ora how am I able to get on the wait list my dad is wanting some but he's technology inclined and found out too late. Is there anyway I can put hisome name on there?
Posted on 26-07-2018 by Tomairangi Te PuniKia Ora,
I have completed my bank payment as requested for shares. Do I receive confirmation to say that the money has been received and I now officially have shares?
Kia ora...would like to know if I can be on the wait list as I so missed out. Nga mihi cj
Posted on 26-05-2018 by Connie karaKia ora Connie,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Hi, Just wondering if you can confirm my spot on the waitlist? Tried both nights to pledge and was sure that I was one of the first to fill out the google document as I had it refreshing every 5 minutes or so. Had been waiting months for this.
Posted on 23-05-2018 by Shayna CherryKia ora Shayna,
There is a Shayna very close to the top of the waitlist. If you can email us on [email protected] and confirm your last name we can confirm where you are on the list.
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
I'd like to pledge but I'm late to the party when will there be an update?
Posted on 22-05-2018 by Matthew LeefKia ora Matthew,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Please put me on your waitlist
Posted on 21-05-2018 by Margiana CullinanKia ora Margiana,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia ora,
Huge potential in your venture!
Could I please go on your waiting list.
Thank you.
Posted on 21-05-2018 by Richard ScottKia ora Richard,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia or a can you confirm if I am on the waitlist please.
Posted on 21-05-2018 by Toni Robyn SadlierKia ora Toni,
I can confirm that you are on the waitlist.
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia Ora, please place me on the wait list for any future shares. Ngā mihi, sheridan
Posted on 20-05-2018 by Sheridan McKinleyKia ora Sheridan,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia ora , I’m very interested in how I can become apart of this I’ve had a history of growing medical canibis for my friends and family for 20 years.
I own rural property and a large shed and would be willing to use it for the cultivation.
If I can help in anyway I’ll be willing to help financially in setting up an operation.
Can you get back to me
Thanks
Kia ora Ricky,
You can get ahold of the Waiapu and Hikurangi crew here: https://hikurangi.enterprises/contact/
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
We are also very disappointed - can you also put me on the waitlist.
Posted on 20-05-2018 by Christina PerryKia ora Christina,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Please add me to the waitlist, thanks. Attempted to obtain shares on Pledgeme, no deal!
Posted on 20-05-2018 by Laurence AnstisKia ora Laurence,
I can confirm that you are on the waitlist.
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
how does one get on the waiting list if people pull out or do not pay for shares on time please.
Posted on 19-05-2018 by nadine staceKia ora Nadine,
here is the link to add your interest to the waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi
The PledgeMe team
Answered on 28-05-2018 by Panapa Ehau from Waiapu Investments Limited
Tena koe, how do i get on the waiting list. Tbe fb website doesnt appear to allow...Tena na ra bae...
Posted on 17-05-2018 by WiKia ora Wi, you can register your interest here: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Answered on 17-05-2018 by Panapa Ehau from Waiapu Investments Limited
Could I please be placed on the wait list. Thank you
Posted on 17-05-2018 by Kelvin MaruKia ora Kelvin, you can add how much you'd be interested in pledging here: https://goo.gl/forms/2BO14XlE4zYSK4LA2. Thank you!
Answered on 17-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia ora,
Received confirmation of my pledge via email. Have not recieved payment details, can you please advise.
Nga mihi nui,
Treena
Kia ora Treena, PledgeMe will send payment details once they have verified you. If you chose bank deposit, you then have 10 working days to pay.
Answered on 17-05-2018 by Panapa Ehau from Waiapu Investments Limited
We registered in Uawa and gave bank details etc. The information given was to wait for pledge me to automatically take the funds from our account. We would like to know when this will take place?
Posted on 16-05-2018 by makahuri thatcherKia ora Makahuri, PledgeMe will process that pledge against your card once they have verified your identity and address. They will be in touch if they need any more information. Thank you for your support.
Answered on 17-05-2018 by Panapa Ehau from Waiapu Investments Limited
I got a message saying I was successful when can I expect to need to pay through my pledge?
Posted on 16-05-2018 by Callum McGibbonKia ora Callum, PledgeMe will send payment details once they have verified you. If you chose bank deposit, you then have 10 working days to pay.
Answered on 17-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia Ora can you please confirm if my pledge was successful.I received an email on this site but I cant find it! If I was successful, how long before I can pledge?
Posted on 15-05-2018 by Josie M TakiariKia ora Josephine,
As an investor, we’re legally required to verify your identity by checking the information you provided us against a verification database. You don’t need to do anything right now, but if we need more information from you we will be in touch. Once you’ve been verified, you’ll get an email with payment instructions and the deadline for payment.
Ngā mihi
The PledgeMe team
Answered on 15-05-2018 by Panapa Ehau from Waiapu Investments Limited
Wil i ht a email as to how to pay pledges
Posted on 14-05-2018 by Cheryl NeilingKia ora Cheryl,
As an investor, we’re legally required to verify your identity by checking the information you provided us against a verification database. You don’t need to do anything right now, but if we need more information from you we will be in touch. Once you’ve been verified, you’ll get an email with payment instructions and the deadline for payment.
Ngā mihi
The PledgeMe team
Answered on 15-05-2018 by Panapa Ehau from Waiapu Investments Limited
i competed the form, i got confirmation of my pledge being successful.got the update, so how am I supposed to complete it, i am still waiting.
Posted on 14-05-2018 by Maxine WateneKia ora Maxine,
As an investor, we’re legally required to verify your identity by checking the information you provided us against a verification database. You don’t need to do anything right now, but if we need more information from you we will be in touch. Once you’ve been verified, you’ll get an email with payment instructions and the deadline for payment.
Ngā mihi
The PledgeMe team
Answered on 15-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia Ora from Australia. Did my pledge get accepted, I did my pledge on pledgeme.co.nz, it was 160?
Posted on 13-05-2018 by Villaine ParnellKia ora Villaine,
We'll send you an email about this.
Ngā mihi
The PledgeMe team
Answered on 15-05-2018 by Panapa Ehau from Waiapu Investments Limited
Good morning.
I wanted to pledge but due to the massive success of this campaign, I wasnt able to get my pledge it - the site kept crashing.
I have read you would consider people on waiting list to be able to buy some more shares?
Please enlist me on the waitlisting and keep me updated.
Thanks and all the best on this journey. :-)
Posted on 12-05-2018 by TaijeshKia ora Taijesh,
You can register how much you're interested in pledging to this waitlist: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Thanks for your support!
Answered on 13-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia ora, I received an email to 'confirm that you have been allocated shares at the rate you pledged' but I am unable to pledge on this site. Did I miss out or am I on a wait list? Thanks
Posted on 11-05-2018 by Maru NihonihoKia ora Maru,
I can confirm that your pledge has been added to your profile. We will now verify your identity and address. Once that's done you'll receive payment details. Feel free to send us an email on [email protected] if you have any further questions!
Ngā mihi,
Anna (on behalf of PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Can i please get on the list if more shares are offered?
Posted on 11-05-2018 by JoshKia ora Josh,
You can get added to the waitlist at this link: https://goo.gl/forms/2BO14XlE4zYSK4LA2
Ngā mihi,
Anna (on behalf of PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Hi there kia ora, I wrote you yesterday,and just want to confirm I'd love to be put on your waiting list,Thanks for the opportunity.
Posted on 11-05-2018 by Benjamin GregoryKia ora Benjamin. I will email you directly to follow this up. Ngā mihi, Anna
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
So disappointing to put it nicely, like others I've waited months to grab shares in this, like others I tried at seven on the dot (both nights) like others I am p*%(#!??@ pledge me, totally bummed, (NOT GOOD ENOUGH) to say first in first served when we couldn't "get in".
Posted on 11-05-2018 by Dion TipunaKia ora Dion. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. It was fantastic there was so much support for Waiapu for their public launch, but it meant only 340 pledgers got in before those final shares were allocated from the over 4,000 people online and waiting to pledge. It was incredibly disappointing that our website was overwhelmed with the tidal wave of support that flowed in for Hikurangi. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Still not able to pledgeme
Posted on 10-05-2018 by Sonya BirchKia ora Sonya. Thanks for your support of Waiapu. Please let us know if you would like to be placed on our waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Ngā mihi ki a koutou me te kaupapa. Love to pledge but missed with the crash. Hope it opens again. Ngā mihi
Posted on 10-05-2018 by Sheridan McKinleyKia ora Sheridan. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. It was incredibly disappointing that our website was overwhelmed with the tidal wave of support that flowed in for Hikurangi. Please let us know if you would like to be placed on our waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
I missed the boat can you open it up again.
Posted on 10-05-2018 by solcadaKia ora. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. Please let us know if you would like to be placed on our waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Hi there,I've been watch you on TV,in the news paper,Gotten a lot of people too look ibto tour pledge because its such an amazing thing for NZ and all the sick people looking for something to make life just that little bit easier, and been watch you for months waiting for your pledge page to launch,I missed out on Tuesday as your pledge page crashed so missed out,and then yesterday I missed out as all pledges had been fulfilled before I could get in,just wondering if any more shares will be up on offer,has a person who has had kemo and other heath issues, I completely understand the benifits of the products this company is looking to produce...Will be grately appreciated to have to opportunity to become part if this movement as its forges its way into the future and beyond..please let me know if any share come as I'd be looking a pledging $500.
Posted on 10-05-2018 by Benjamin GregoryKia ora Benjamin. Thanks for your support of Waiapu. hile it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. It was incredibly disappointing that our website was overwhelmed with the tidal wave of support that flowed in for Hikurangi. Please let us know if you would like to be placed on our waitlist. Ngā mihi, Anna (Team PledgeMe
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
kia ora I completed the form and my manual Pledge last nite was successful, obviously the are going thru the thousands of manual pledges etc. and they informed they were going contact me via email. OK so im waiting in a queue for info how to make my pledge, but how long and how do I do it ?
Posted on 10-05-2018 by Teddy AndrewsKia ora Teddy. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Hi there I live in Gisborne and would like to pledge to this is I can please let me know, thanks.
Posted on 10-05-2018 by Kirra DearmanKia ora Kirra. Please let us know if you would like to be placed on our waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Could not any shates last night. The link crashed, please contact me if any shares available.
Posted on 10-05-2018 by Danielle ArmstrongKia ora Danielle. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. It was incredibly disappointing that our website was overwhelmed with the tidal wave of support that flowed in for Hikurangi. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
I have been trying to pledge for 2 straight nights. First the site was crashed, then tried again last night and this morning, now it won't let me pledge 50. Saying equity maximum? I'm really upset, have been at this for days and wanted to be a part of this. It has been a really unfair process many of us spending hours only to be let down. Wht has the minimum amount been increased? Not exactly fair for those of us that have less money but still made the effort to and deserved to be a part of this. Totally disappointed.
Posted on 10-05-2018 by Kirsty OsborneKia ora Kirsty. We hear your disappointment. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. It was fantastic there was so much support for Waiapu for their public launch, but it meant only 340 pledgers got in before those final shares were allocated from the over 4,000 people online and waiting to pledge. It was incredibly disappointing that our website was overwhelmed with the tidal wave of support that flowed in for Hikurangi. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Tried to pledge but says amount exceeded?? Will there be more shares offered?
Posted on 10-05-2018 by AliKia ora Ali. As you might have seen from the messages above, just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Congratulations on getting so much interest. Boohoo to me go missing out...I want in on this as you are leading the way. Aroha.
Posted on 10-05-2018 by denise jamiesonKia ora Denise. As you might have seen from the messages above, just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. Please let us know if you would like to go on the waitlist. Ngā mihi, Anna (Team PledgeMe).
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
I hope this did not happen like it did. I followed everything the site was down 7 o'clock yesterday and today I went to the Facebook Page filled out the document as suggested I'm already pre registered. I thought I'll check this just before bedtime I cannot believe my eyes that this is happened like this but I will be waiting for a reply. And hope. That even though I missed this because of the I'll equipped site I still get my shares as requested on that document advise by email on your Facebook page. Because business is business and this is not sport of how pledge me handled it tonight.
Posted on 09-05-2018 by NickKia ora Nick, I can confirm the campaign is NOT closed yet – we have manually closed it to use the form that you completed instead, but the campaign’s upper goal is still $2,000,000. Disregard any emails you received saying the campaign reached its target – those are due to us manually closing it.
You will receive email confirmation in the coming days to finalise your pledge, or will be added to the waiting list if the campaign has reached its maximum target.
Cheers,
Anna (on behalf of PledgeMe)
Answered on 09-05-2018 by Panapa Ehau from Waiapu Investments Limited
I am trying to pledge 1000 but it is saying shares exceeded. Are they all gone? Have tried to get on at both times offered but have been blocked by the crash till now...
Posted on 09-05-2018 by Nathan SowterKia ora Nathan. I can confirm that you have been allocated the shares you applied for through the form. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Hi, it’s saying Maximum Value exceeded for any amount - even when I put in $50?
Posted on 09-05-2018 by Bobby TokaKia ora Bobby. As you might have seen from the messages above, just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Same will not let me pledge. I am guessing that I was too late. Please contact if any more shares are on offer.
Posted on 09-05-2018 by WendyKia ora Wendy. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Please adds some more! missed out this time!!
Posted on 09-05-2018 by Daniel WatersonKia ora Jeremy. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Am I able to pledge even though I live in Australia
Posted on 09-05-2018 by Shai GriffithsKia ora Shai. Apologies for the delay in reply. It is possible to pledge fro Australia if you have a New Zealand passport and can provide proof of your address. Please let me know if you would like to go on the waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Did I miss the boat? Want to buy 3000
Posted on 09-05-2018 by Jeremy LeeKia ora Jeremy. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kia Ora am trying to pledge & its saying the max amount I can pledge has been exceeded. I'v also filled in the waitlist doc will those pledges also be denied?
Posted on 09-05-2018 by Linda Te MaraKia ora Linda. As you might have seen from the messages above, just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
If i filled in form form on FB earlier, does that mean i still have a chance with an investment...
Posted on 09-05-2018 by Maria Ngarimu EdwardsKia ora Maria. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
I’m the same boat as Craig. Please contact me when some pledges fail to complete. I too completed the google form and have funds available.
Posted on 09-05-2018 by Tony DavenportKia ora Tony. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Unfortunately I’m in the same boat too! I also waited quite some time for this opportunity and just missed out.
Please let us know if there is another chance to invest in the near future. Thanks!
Kia ora Chi. As you might have seen from the messages above, just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
It's saying there's not enough equity. Is that true? I feel hard done by if so
Posted on 09-05-2018 by Te Huia Paniora-HepiKia ora Te Huia. We hear your frustration. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. However, I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Tried to use the pledgeme site but kept crashing on final steps on payment. I have filled out the google doc form. Will you make further contact from there?
Posted on 09-05-2018 by Brendan CrennellKia ora Brendan. We hear your frustration. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. However, I can confirm that you've been placed on the waitlist. We will be letting people know in the next three weeks if shares become available in the order that form pledges were received. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
im very disappointed at missing out as have been waiting months for this. will there be another opportunity?
Posted on 09-05-2018 by craigKia ora Craig. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. It was fantastic there was so much support for Waiapu for their public launch, but it meant only 340 pledgers got in before those final shares were allocated from the over 4,000 people online and waiting to pledge. Hopefully some room will become available on the waitlist, or in future campaigns. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Kiaora, Will more shares be added? I tried to pledge but it said the amount had been exceeded
Posted on 09-05-2018 by Bronwyn Ngatai-HawtinKia ora Bronwyn. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. It was fantastic there was so much support for Waiapu for their public launch, but it meant only 340 pledgers got in before those final shares were allocated from the over 4,000 people online and waiting to pledge. Hopefully some room will become available on the waitlist, or in future campaigns. Thank you for your support of Waiapu. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
I received an email advising that i can now pledge on pledge me and.....The maximum value you may pledge has been exceeded.
Please reduce the amount of your pledge....I am wanting to invest more than the minimum pledge amount
Kia ora Chloe. Just over $600,000 worth of shares were available at the launch of Waiapu’s public campaign, as shares were allocated locally first. While it was fantastic there was so much support for Waiapu, only 340 pledgers got in before those shares were allocated from the over 4,000 people online and waiting to pledge. If you want to invest again, some room will become available on the waitlist, or in future campaigns. Let us know if you would like to go on the waitlist. Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
If I want to pledge and transfer it to my two babies name later, is there a age where they can legally receive it?
Posted on 09-05-2018 by Kiriana ReedyKia ora Kiriana. You can transfer to your babies at any age once we have verified your identity. Once you receive an email confirming you have verified and have made your payment, you can request a share transfer form. Thank you for your support of Waiapu! Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
If I am pledging on behalf of my whanau, is it better to pledge each one individually? Or pledge in bulk? Just want to make sure that the trasnfer later on is easy & transparent :)
Posted on 08-05-2018 by Hiria ParataKia ora Hiria. It is a straightforward process to transfer to your whanau once we have verified your identity. Once you receive an email confirming you have verified and have made your payment, you can request a share transfer form. Thank you for your support of Waiapu! Ngā mihi, Anna (Team PledgeMe)
Answered on 11-05-2018 by Panapa Ehau from Waiapu Investments Limited
Followers of Waiapu Investments | Hikurangi Cannabis
22/08/2018 at 7:32am
22/08/2018 at 7:31am
14/08/2018 at 4:40pm
14/08/2018 at 4:40pm
14/08/2018 at 12:23pm
10/08/2018 at 2:39pm
08/08/2018 at 12:00pm
07/08/2018 at 12:04pm
07/08/2018 at 9:57am
30/07/2018 at 1:34pm
23/07/2018 at 3:58pm
23/07/2018 at 3:56pm
23/07/2018 at 3:55pm
23/07/2018 at 3:53pm
23/07/2018 at 3:53pm
23/07/2018 at 3:52pm
23/07/2018 at 3:52pm
23/07/2018 at 3:51pm
23/07/2018 at 3:49pm
23/07/2018 at 3:49pm
23/07/2018 at 3:35pm
18/07/2018 at 6:12pm
18/07/2018 at 6:08pm
18/07/2018 at 1:59pm
18/07/2018 at 1:58pm
17/07/2018 at 2:24pm
17/07/2018 at 12:24pm
17/07/2018 at 12:23pm
17/07/2018 at 12:21pm
17/07/2018 at 12:20pm
I want to embed this investment somewhere