Puro New Zealand

Private Equity

Register Interest


The law normally requires people who offer financial products to give information to investors before they invest. This information is designed to help investors make an informed decision.

If you are a wholesale investor under the definition of that term in clause 3 of Part 1 Schedule 1 of the Financial Markets Conduct Act 2013, the usual rules do not apply to offers of financial products made to you. As a result, you may not receive a complete and balanced set of information.

You will also have fewer other legal protections for these investments. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.

Transaction Size
NZD 6,000,000.00
Share Price
Minimum Investment
NZD 200,000.00
Issue Type
Private Equity

Welcome to Puro 

Puro is New Zealand’s largest grower of medicinal cannabis, having successfully completed its first commercial harvest with over 25 tons being processed for pharmaceutical buyers. Puro has built NZ’s largest packaging and drying facility and has received ‘Organic In Conversion’ certification, making it one of the few accredited large-scale organic cannabis growers in the world – a unique selling proposition into global markets.

Puro is backed by an internationally experienced team and has demonstrated it can execute on strategy having undertaken significant milestones and achievements to date. Puro is seeking wholesale investment to expand its indoor commercial facility enabling production of premium flower products to local and global markets. 

The share price of $1.00 for this wholesale offer compares favorably to the recent retail raise at $1.15 per share which was fully subscribed. Puro now invites you to participate in this wholesale offer.

View Puro’s Investor Presentation Video and recent media below.

Investor Statement

The medical cannabis sector in which Puro operates in is a new industry which is developing at a rapid pace. Puro is at the beginning of the value chain as a specialist grower. While interest in Puro’s products is strong, regulatory delays and wider impacts of COVID-19 are impacting the industry. This has led to delays and difficulties in predicting revenue streams. The fast-paced nature of this new industry, and fluidity around international market access, regulatory understanding and manufacturing, has resulted in the Puro board determining that, while they have financial information prepared for internal purposes and as an assessment of value, it is not prudent or practicable to formulate reasonable assumptions on which to base prospective financial information for investors.

Historic financial information is included in the Information Memorandum on pages 48 and 49 (see document tab). Analysis of the global market, key implications and opportunities for Puro and future potential revenue streams are discussed in The Market section, on page 38. Further access to Puro’s financial documentation, internal forecasting and information suitable for a comprehensive investor due diligence process, is available on request following the completion of a Non-Disclosure Agreement.

The Opportunity 

Puro is offering you an exciting opportunity to join a fast-growing company at the forefront of this new global industry. With our previous offer over-subscribed and a growing waitlist this opportunity is expected to gain significant interest from those who understand its potential and align with Puro’s sustainable, long term vision.

Through this opportunity, Puro is looking to raise $200,000 or more from individual investors (up to an aggregate of $6 million) to fund the development of an indoor commercial growing facility in the Waihopai Valley. This facility will be an expansion of Puro’s existing infrastructure on site, including our research and breeding facilities. Expressions of interest are currently being sought for this wholesale offer, with priority given to larger investments offers.

Not all offers may be accepted. Any oversubscription will be managed by the Puro board at their discretion.

The share price for this institutional and wholesale offer is at a reduced rate of $1.00 per share.

Puro is growing. This is your opportunity to grow with us.

The Offer is only open to wholesale investors who fall within the exclusion in clause 3, Part 1 of Schedule 1 to the Financial Markets Conduct Act, 2013 (FMCA) 

Recent media:

TVNZ - Small Marlborough company ready to harvest NZ's largest crop of medicinal cannabis

NZ herald - Harvest begins at New Zealand's largest cannabis crop

The AM show - Zoom calls with cannabis?

The Information Memorandum for this offer can be viewed in the Documents tab above.

Puro Information Memorandum Wholesale Offer April 2021
April 28, 2021

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