1- 289-270-4933
8305410929
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
Licence(s) Held:
Cultivation License, GACP accreditation
Seeking €12.5 million financing to build out a custom-designed 6,000 sq. m. cultivation and EU-GMP processing facility
Wholly-owned, standalone, innovative ~1,500 sq. m. indoor cultivation facility sitting on 2,9 hectares of land in Portugal
Facility is comprised of multiple cultivation rooms, vegetation 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 certified facility for processing + extraction
Currently operational and undertaking cultivation and B-2-B sales activities across the cannabis value chain
GACP accreditation facilitates high quality cannabis cultivation and export
Completed 3 cultivation cycles of high THC (25%+) genetics 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 possesses the needed licensing 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 avoiding the process of attaining the AMRAdV
Pending supply agreement for distributing product to the German market and further supply agreements in discussion
Looking for a strategic partner to provide equity financing to support the build out of a custom-designed 6,000 sq. m. cultivation and EU-GMP processing facility
8305410929