The first kava company to list on a global stock exchange will use the new capital raised to explore other medicinal uses for the drink.
The chairperson of Fiji Kava says they are today lodging their prospectus for a listing on the Australian Stock Exchange, which is scheduled to happen later this month.
Andrew Kelly says Fiji Kava hopes to raise $AU5.2 million from investors at 20 cents per share.
He says the funds will allow them to export the Taki Mai kava brand to Australia and New Zealand, double the size of its production plant in Fiji and triple its output.
Mackenzie Smith spoke to Fiji Kava Mr Kelly, and began by asking him what prompted the ASX listing.
A kava bowl Photo: RNZ / Jamie Tahana
