Friday, November 27, 2015         

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Texas company buys isle Mamaki tea producer

By Erika Engle


Mamaki of Hawaii Inc., owner and operator of Wood Valley Plantation in Pahala on Hawaii island, has been purchased by Texas-based UMED Holdings Inc.

Mamaki is a plant used by native Hawaiians to make tea with healing properties.

Wood Valley Plantation is located above the 2,000-foot elevation in the Kau district and produces award-winning coffee as well as mamaki. The mamaki operation is being expanded to help meet anticipated demand, the company said, in a statement.

UMED Holdings has interests in energy, agricultural operations, precious metals exploration, software and aircraft maintenance, and is traded over-the-counter via Pink Sheets.

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