HHHL is a ‘look through’ company, meaning it does not trade, it is simply a legal structure to enable the two shareholders (HBLP and WIL) to form a jointly owned entity that can be the initial owner of Hikurangi Cannabis Company Limited (HCCL) before an institutional investor is introduced to HCCL.
We formed HHHL on the advice of investment experts who felt that a crowdfunding entity as a joint venture would be a major disincentive for most institutional investors who could otherwise be interested in bringing their funds and expertise to the medical cannabis venture.
Shareholdings in HHHL are currently 67% owned by HBLP and 33% Waiapu Investments which was determined by the amount of funds raised by WIL.
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- Hikurangi Huataukina Trust
- Hikurangi Enterprises Ltd
- NZ Nutraceuticals Ltd
- crowdfunders and private investors
- Hikurangi Bioactives Limited Partnership
- Waiapu Investments Ltd
- Hikurangi Hemp Holdings Ltd
- institutional investor/s
- Hikurangi Cannabis Company Ltd
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