NZ Propolis and all it's benefits is mixed with tasty and fresh NZ field honey to provide a natural product that is easy to use and tastes better. Happy Valley’s NZ Propolis & honey combines of NZ Propolis Extract and NZ field Clover honey. Propolis - A Natural Antioxidant as ‘Nature’s Best Defense’. Propolis has very high levels of bioflavonoids and other bioactive compounds. Propolis is a natural resin found in the young buds of trees. Bees collect propolis, mix it with their own enzymes and beeswax, and use it to seal the hive. This creates the most sterile environment known in nature and protects the hive against disease.