Medicinal Cannabis in New Zealand

SETEK Therapeutics is a 100% New Zealand-owned and operated company based in Taupo in the central North Island of New Zealand.

Our purpose is to help improve the quality of people’s lives through the cultivation, processing and wholesale distribution of GMP grade, 100% New Zealand Organic certified cannabis extracts, produced right here in beautiful Aotearoa New Zealand.

On the 21st of February 2019, SETEK became the fourth commercial company to receive a Licence To Cultivate a Prohibited Plant from the New Zealand Ministry of Health, and only the second to receive a licence allowing the cultivation of high THC cultivars.

SETEK expects to be operational from mid-2020.

“Changing the world, one consistent drop at a time”

We are on a journey to build a sustainable medicinal cannabis business that will change lives for the better, whilst being gentle on our planet and its resources.

SETEK Therapeutics has assembled a world-leading team of scientific, medical, horticultural, micro-propagation, cannabis, financial, legal and commercial experts with a vast knowledge across all aspects of the medicinal cannabis value chain. 

We recently acquired a 26-hectare greenfield site overlooking Lake Taupo and we expect to commence construction of SETEK’s new state-of-the-art GMP medical cannabis facility towards the end of 2019.


Whilst we welcome enquiries from prospective business partners and investors, it should be noted that SETEK will never sell lose leaf flower  (‘bud’) for smoking. This reflects the company’s strategic direction and support for the ‘Smokefree Aotearoa New Zealand 2025’ goal.