Waiapu Investments shareholders gather at a hui in Kaiti to buy shares in May 2018.

Thank you for investing in Waiapu Investments and Hikurangi Cannabis Company (now Rua Bioscience). You helped create an awesome pharmaceutical company making medicines and employing people in Ruatorea and Tūranganui-a-Kiwa.

Waiapu Investments Limited (WIL) is an investment company established by Hikurangi Enterprises to facilitate investment in the medicinal cannabis venture established at Ruatorea. Nearly 1500 people invested $2m in WIL through a crowdfunding process in May 2018. These funds were used by WIL to buy into the cannabis company which used the investment to help Rua Bioscience become the first business to receive a license to cultivate medicinal cannabis in Aotearoa, the only company with a representative on the Government advisory group overseeing the development of medicinal cannabis regulations and the first to announce a binding export deal with a German distributor. The company has had a number of other firsts and is now employing more than 20 people across three sites in Ruatorea and Tūranganui-a-Kiwa.

This website provides information on how WIL is changing.