UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE TO/A

(AMENDMENT NO. 2)

TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1)OF

THE SECURITIES EXCHANGE ACT OF 1934

ML MACADAMIA ORCHARDS, L.P.

(Name of Subject Company (Issuer))

CRESCENT RIVER AGRICULTURE LLC

(Offeror)

CRESCENT RIVER LLC

(Parent of Offeror)

FARHAD FRED EBRAHIMI

(Owner of Parent)

MARY WILKIE EBRAHIMI

(Other)

(Names of Filing Persons (identifying status as offeror, issuer, or other person))

Depository Units Representing Class A Limited Partner’s Interests

(Title of Class of Securities)

55307U107

(CUSIP Number of Class of Securities)

Brad Nelson

283 Columbine Street, Suite 177

Denver, Colorado 80206

(303) 894-3227

(Name, Address, and Telephone numbers of person authorized

to receive notices and communications on behalf of filing persons)

Copy to:

Wanda J. Abel

Davis Graham & Stubbs LLP

1550 17th Street, Suite 1500

Denver, Colorado 80202

(303) 892-7314

CALCULATION OF FILING FEE

Check the appropriate boxes below to designate any transactions to which the statement relates:

Check the following box if the filing is a final amendment reporting the results of the tender offer: x

If applicable check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:

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This Amendment No. 2 amends and supplements the Tender Offer Statement on Schedule TO originally filed with the Securities and Exchange Commission (the “SEC”) on October 7, 2009, as amended by Amendment No. 1 filed on October 22, 2009 (the “Schedule TO”), by Crescent River Agriculture LLC, a Colorado Limited Liability Company (the “Offeror”), and relates to the tender offer by the Offeror to purchase up to 750,000 Class A Units of ML Macadamia Orchards, L.P., a Delaware publicly traded limited partnership (the “Partnership”), at a price per Class A Unit of $2.20, net to the seller in cash, without interest thereon, less any applicable withholding taxes, and subject to the conditions set forth in the Offer to Purchase, dated October 7, 2009 (the “Offer to Purchase”), and in the related Letter of Transmittal (the “Letter of Transmittal”), which together, as they may be amended or supplemented from time to time, constitute the “Offer.” The Offer to Purchase and the Letter of Transmittal are attached to the Schedule TO as Exhibits (a)(1)(A) and (a)(1)(B), respectively. The Offeror is wholly-owned by Crescent River LLC, a Wyoming limited liability company (“Parent”), which is wholly owned by Farhad Fred Ebrahimi. Mary Wilkie Ebrahimi is the wife of Mr. Ebrahimi and may be deemed to share beneficial ownership of Class A Units owned or acquired by the Offeror, Parent or Mr. Ebrahimi. Capitalized terms used but not otherwise defined herein shall have the meanings given to such terms in the Offer to Purchase.

The Offer to Purchase is hereby amended and supplemented by adding the following:

“The tender offer expired at 11:59 p.m., New York City Time, on Thursday, November 12, 2009.

The Depositary has advised the Offeror that unitholders of M.L. Macadamia have tendered and not withdrawn a total of 234,373 Class A Units. Upon payment for all of the Class A Units tendered in the Offer, we will beneficially own or control 2,880,461 Class A Units, representing approximately 38.4% of the outstanding Class A Units. The Offeror has accepted for payment all of the Class A Units tendered in the Offer.”

Schedule 13D.

This Schedule TO also constitutes Amendment No. 18 to the Statement on Schedule 13D of Farhad Fred Ebrahimi and Mary Wilkie Ebrahimi filed with the Securities and Exchange Commission on January 14, 2002.

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Signatures

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.