Are you ready?

Our offer is opening.

Over the past week, families in isolated East Coast communities have invested over one million dollars in Waiapu Investments Limited, the regional investment fund established by charitable company Hikurangi Enterprises.

Now we are opening up the remaining shares in Waiapu Investments Limited to New Zealanders living everywhere else. The offer opens at 7pm sharp tomorrow (Tuesday 8th May) on the PledgeMe website.

How to buy shares:

With over 3,500 people registering interest in buying shares, we expect the demand will be heavy and shares will sell quickly. To ensure you have the best chance of getting the shares you want we recommend doing the following BEFORE 7pm Tuesday 8th May:

1. Register/Login to the PledgeMe website (this alone does not register you as an investor).

2. Go to your 'Profile' page in the PledgeMe website and click on the green button that says 'Register for Investment'.

3. Add all your contact details including birthdate and ID information. You will need to upload a photo of your Passport or Driver Licence.

Once you have completed all of this you will receive an email confirming you are registered as an investor with PledgeMe.

At 7pm Tuesday 8th May you can login into PledgeMe and search for the Waiapu Investments offer. When you go to that page there will be a box on the righthand side of the page that looks like this:

You enter the amount you want to invest and press the 'Pledge' button.
From there you will be taken to a page that asks you if you wish to pay by Direct Transfer (internet/phone/physical bank transfer) or by Debit/Credit Card. Enter your preference in here. Even if you choose Bank Transfer, you will need a debit/credit card as a placeholder. This is a requirement of the PledgeMe system. Please contact us if you have issues with this requirement.

Best wishes for those keen to invest tomorrow - we hope you are able to secure the shares you are interested in purchasing and thank you for your support!

Hikurangi Cannabis Company last week presented alongside medical experts, patients and other industry representatives to the Health Select Committee on the Misuse of Drugs Act (Medical Cannabis) Bill currently before Parliament.

The submission was well received by the committee with National Party MP for Waimakariri Matt Doocey describing it as “professional and well balanced.” Manu Caddie said the questions from the Committee were also very good and National MP for Whangarei Dr Shane Reti noted the connection between Captain Cook’s expedition to New Zealand in search of hemp as an interesting historical link between the region and the plant.

The Hikurangi presentation (download here) had five key recommendations including deregulation of the non-psychoactive cannabinoid CBD in line with a recent World Health Organisation decision, and the inclusion of export provisions in the legislation which was supported by submissions from Activate Tairāwhiti and Eastland Community Trust.

The Select Committee must report back to Parliament by July and the new legislation establishing a domestic industry is expected to be passed before the end of the year.

“We really wanted to emphasise the importance of getting the legislation and regulations in place as fast as possible with input from patients, medical professionals and the industry” said Mr Caddie. “A number of submitters noted New Zealand has a great opportunity to leapfrog other countries and build a transformative industry but the window available is shrinking rapidly as other countries also get into what is expected to be a $60 billion industry within ten years.