SOLD: Licensed EU-GACP cultivation site in Portugal with imminent EU-GMP on post-harvest

Operating from a ~23,000 ft.², leased, fully built-out indoor cultivation facility in an industrial area

Facility is comprised of 3 flowering rooms, mother room, cloning room, trimming room, 2 drying rooms, 1 safe storage room, 1 packaging room, 3 small testing/experience rooms, nutrients and washing

There is also ~2,100 ft.² of offices, restrooms/changing rooms, lunchroom and computer room

Currently undertaking importation of seeds or plants, propagation, genetics, cultivation, trimming, packaging, labelling, sales, storage and distribution

Total cloning capacity generates over 10.000 clones per cycle

Between 1 to 2 tons of dried cannabis flower per year of current production capacity at the site based on the present operation

Supply agreement in place to sell a minimum 500 Kgs per year of high THC strains for exporting to European markets

Between 2 to 4 tons of dried cannabis flower per year of future production capability

There is an expansion possibility to build other production rooms to double the production capacity in the same industrial area

Anticipate to complete EU-GMP licence by Q3 2022

Open to full purchase, partial purchase opportunities