9788768835

Portuguese company specializing in extraction, formulation, production, packaging and distribution of medical cannabis in the EU is seeking a strategic partner/investor

Licence(s) Held:

Cannabis processing licence

9788768835

€1.25 million for a 25% stake in the company

  • Licensed Portuguese cannabis processor focused on extraction, formulation, production, packaging and distribution of medical cannabis to pharmacies, licensed producers, and licensed distributors in the E.U. and UK

  • Received initial license from Portugal’s National Medicines Authority (Infarmed) in December, 2021

  • In the process of constructing a state-of-the-art, federally licensed 21k sq ft EU-GMP cannabis extraction facility on their wholly-owned land in Portugal

  • Phase 1 construction is capable of handling up to 40,000 KGs of cannabis biomass annually

  • Company will also source and process certified, sustainably-sourced and traceable biomass and crude oil from the global and domestic markets

  • There are existing supply agreements in place and more underway

  • Looking to sell products in Germany and Spain initially

  • Construction completion scheduled for the end of Q2, 2023

  • Have forged an alliance with various Portuguese GACP cultivators who will provide high quality flower into their EU GMP processing space

  • Have excellent local government support and have gained traction with the Portuguese national cannabis regulatory agency

  • Great partner for a US MSO or Canadian LP wishing to export cannabis flower and/or launch brands into the EU

  • Key advantageous of being in Portugal is that it provides a tariff free gateway into the EU and logistical access to the UK

  • Unique opportunity to take your formulations and produce your brands for introduction into the EU market space and eliminate infrastructure, licensing and other overhead costs

  • Seeking a strategic partner/investor for €1.25 million for a 25% stake in the company

9788768835

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