GACP Certified and Licensed Cultivator of Medical Cannabis based in the EU

€12.5 million
8305410929
License(s) Held:
GACP licence
business overview

EU-based company with cultivation in Portugal and licensed distribution entity in Germany looking to expand the production capacity of high-quality, non-irradiated cannabis products

  • Wholly-owned, standalone, innovative ~1,500 sq. m. indoor cultivation pharmaceutical facility sitting on 2,9 hectares of land in Portugal
  • Facility is comprised of multiple cultivation rooms and mother rooms
  • Phase 2 is pending completion and consists of sufficient space to construct a 3,000 sq.m high-tech indoor cultivation facility and 3,000 sq.m. GMP for processing + extraction
  • Currently operational and undertaking cultivation and B-2-B sales activities across the cannabis value chain
  • GACP licence allows cannabis cultivation and export
  • Proven consistent 3 cultivation cycle of the genetics of 25+% THC to date
  • Production capability of 4 tons of cannabis flower and up to 150k bottles of extracts per year
  • Projecting ~€7.6 million  of sales revenue with combined cultivation and extraction activity plans in 2023
  • The company has a distribution hub in Germany, that possess all the needed license to distribute cannabis products directly to pharmacies
  • Cultivated cannabis flowers do not need irradiation, which allows buyers to quickly introduce and sell the product to the market and avoid the process of getting AMRAdV
  • Pending supply agreement for distributing product to the German market and multiple contracts are underway
  • Looking for a minority shareholder to provide equity financing to build out a custom-designed 6,000 sq. m. cultivation and EU-GMP processing facility
Seeking €12.5 million financing to build out a custom-designed 6,000 sq. m. cultivation and EU-GMP processing facility

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