The law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision. The usual rules do not apply to this offer if you are a person who comes within Schedule 1, clause 3(2)(a)-(c) or 3(3)(a)-(b)(ii) (inclusive) of the Financial Markets Conduct Act 2013. This includes where the amount invested upfront by the investor (plus any other investments the Investor has already made in the financial products) is $750,000 or more.
If you fall within Schedule 1, Clause 3 of the FMCA, as a result of this exclusion, you may not receive a complete and balanced set of information. You will also have fewer other legal protections for this investment. Investments of this kind are not suitable for retail investors. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.
Note: We urge you to carefully review the information Memorandum and additional attachments (if applicable) before lodging an application. In the event that there are any material changes to the Information Memorandum communications will be added to the attachments for review.
Located at Tapawera, inland from Nelson, the Partnership has entered a license, garden development and management, and hop supply agreements with Hop Revolution.
Hop Revolution was formed in 2014 by plant scientist, Dr Susan Wheeler. Two years later Susan was joined by the late Terry McCashin, the founder of Macs and Stoke Breweries.
The company’s initial aim was to determine whether it was economically viable to grow hops in other parts of New Zealand apart from Nelson. Once this was established, the company’s focus shifted to securing licenses to New Zealand hop varieties covered by PVRs held by Plant and Food, and acquiring and developing the land at Tapawera that the Partnership purchased and also lease.
New Zealand spray-free aroma hops are highly sought after by craft brewers for the unique flavours they impart in beer.