Greenfern Industries 

  Early Stage Capital  

  

  IRG Investment Research Group Ltd  

WARNING

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.

Overview

The opportunity exists to express interest in an investment in Greenfern Industries Limited ("Greenfern"). Greenfern is a New Zealand based cannabis therapeutics and wellness company, incorporated in 2018, and aiming to be a leading producer and wholesale distributor of:

• Medicinal cannabis products

• Hemp-based health beauty products

• Hemp-based food and other fast-moving consumer goods.

Greenfern is presently an early-stage operation with small revenues and making losses.

Greenfern intends later this year to apply to list on the NZX Main Board. However, there can be no guarantee that its shares will be accepted for listing.

 

The Offer

 

The Offer seeks to raise $2 million by the issue of ordinary voting shares in Greenfern (Shares). The Offer is for 1 million Shares of $2.00 each, with provision to raise a further $1 million (comprising 500,000 Shares of $2.00 each).

 

Offer Price

 

$2.00 per Share, payable on application. This is the same price at which investor non-voting shares were issued under the August 2020 Information Memorandum to raise $2,883,000. Greenfern’s shares have not been independently valued.

 

There is no minimum or maximum investment limit


Click here to access an article on the company on Stuff.

 

To view the Investor Presentation Pack, click here. Register Interest to receive further information and to be put in touch with the advisor.


Issue Type:
Early Stage Capital
Sector:
Horticulture
isEOI: true

Investment Details

Investment Type: Wholesale

Wholesale Investment Type: NZ Wholesale Equities

Transaction Size:NZD 1,000,000.00

Committed Capital: 

Pre-money valuation: 

Minimum Capital Raise: 

Share Price:NZD 2.00

Unit Price:NZD 2.00

Minimum Investment Size:NZD 2.00

Document Name Description Date Uploaded
Greenfern-Information Memorandum 13 August 2021 Preview/Download
Greenfern Industries - Information Memorandum - 2020 13 August 2021 Preview/Download
Zoom: 0

You do not have any investments to report on.

No trade history available for this issue.

Secondary Market - Greenfern Industries Wholesale

No secondary market listings for this issue availble at this time. Check the Exchange for more listings.