Investment Partners

Meluka Health
Private Company

Eve Investments holds a 50% interest in Meluka Health. Meluka Health is a wellness and nutrition company that develops and sells its naturally derived, organic and ecologically pure products created using its old growth Australian Melaleuca tea tree plantation which are worldly acclaimed for their medicinal activity. Meluka Health is currently focused on producing high quality organic medicinal honey and the development of a bee health tonic.

Key assets of Meluka Health will be Medic Honey and a TGA approved manufacturing business.  Medic Honey has a number of new product opportunities:

- Melaleuca (Meluka) honey: Superior organic honey produced by bees pollinating on melaleuca tea trees in the Bungawalbyn Valley Basin;

- Medicinal Melaleuca (Meluka) honey: A premium ingestible medicinal honey product, produced by bees pollinating on melaleuca tea trees in the Bungawalbyn valley basin; 

- Medicinal Melaleuca (Meluka) Serum: A topical highly medicinal honey serum for use in treating wounds, cuts, sores and other skin conditions;

- Hemp Seed Honey: Incorporating the health benefits of hemp seed which has a concentrated balance of proteins, essential fats, vitamins and enzymes combined with a relative absence of sugar, starches and saturated fats and combined with Meluka Honey to deliver an exception flavour profile;

- Medicinal cannabis honey: A premium medicinal honey product produced by by Bees harvesting on cannabis plants; and

- Honey Water: A co-operation agreement with Refresh Group Limited (ASX:RGP) to develop a product range utilising organic Meluka honey produced by Meluka Health and Australian water.

Meluka Health has entered into an exclusive supply agreement for honey produced from hives located on two organic melaleuca tea tree plantations, Jendale and Robyndale, located in the Bungawalbyn valley basin of NSW.  Jendale is an old growth plantation that is wild crafted in its natural state and has been identified as an origin of the species plantation for the melaleuca alternifolia.  Robyndale is a farmed organic melaleuca tea tree plantation.  The supplier, Bee Services, is one of Australia’s largest producers of organic honey products.

Meluka Health has also signed a legally binding conditional Joint Opportunities Term Sheet (“Term Sheet”) with The Hydroponics Company Limited (“THC”) (ASX:THC) and Jenbrook Pty Ltd (“Jenbrook”), to grow cannabis on Jenbrook’s northern New South Wales Robyndale tea tree plantation.

THC is a leading, diversified cannabis business with a focus on development and delivery of medical cannabis products and the manufacture and distribution of hydroponic equipment and has agreed to supply Meluka Health with Medicinal Cannabis for use in the production of its 100% owned Meluka Honey business (medicinal cannabis supply agreement). The Medicinal Cannabis will be grown by THC under a lease with Jenbrook over a portion of the Robyndale plantation (lease agreement).

THC are required to develop and fund the infrastructure necessary for the plantation of medicinal cannabis crops on the property including installation of necessary equipment for crop processing and the development of necessary intermediary processing facilities, subject to obtaining necessary licences and approvals.In return, Meluka Health will supply THC with Tea Tree Extract for use in the development of medicinal cannabis products (tea tree supply agreement). 

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