Alternative Medicine Company Seeking Loan in Coimbra, Portugal

- European company that grows and sells medical cannabis in Europe and to other countries.
- We grow medical cannabis in-house in a controlled environment and distribute them to clients.
- Growing 74 varieties of medical cannabis in all ranges of THC and CBD. Good opportunity for CBD products, since Europe considers it as a controlled substance.
- We used to grow strawberries before and our products were considered the best strawberries in the world that used to sell at EUR 17 per kg.
- We stopped growing strawberries and shifted to medical cannabis due to a family member's health reasons.
- Business owner and management members have a strong knowledge of agriculture, medicine, Olímpic Sport level medicine, and pharmaceuticals.
- Have a stronger demand than before due to Covid-19.
- Have 2 running contracts with medical companies and expect 5-6 new contracts in 1-2 months.
- Each contract is valid for 2-3 years and could be renewed.
- We currently grow 200-300 kgs of medical cannabis and planning to increase the production due to more demand.
- Majority of the clients are from Germany and the Netherlands.
- Also working with 20 distributors who are allowed to buy and sell medical cannabis.
- Have the best equipment and machinery required for the job and the facility including a cloning room, drying room, security facility, and water tanks.