Alternative Medicine Company Seeking Loan in Coimbra, Portugal

European medical cannabis producer and distributor with a license for the production and sales.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 6 million
EBITDA Margin 22 %
Industries Alternative Medicine
Locations  Coimbra
Local Time 10:16 PM Portugal
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.4 million for 16.0% annual interest, 2 years (Native Currency: EUR 2,000,000)
Reason: To grow the plants faster and get more clients.
Collateral Available: USD 2.4 million
Includes physical assets worth USD 1.2 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- This is one of our 3 companies to grow and sell medical cannabis in Europe.

- 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 product, since Europe considers it as a controlled substance.

- We used to grow strawberries before and our products were considered as 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 family member's health reason.

- Business owner and management members have a strong knowledge of agriculture.

- Have a stronger demand than before due to Covid-19.

- Have 2 running contracts with medical companies and expecting 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 include cloning room, drying room, security facility, water tanks.

Products & Services Overview

We grow and sell medical cannabis bulk GACP dried flowers, EuGMP dried flowers and medical cannabis finish products EuGMP dried flower.

Assets Overview

Physical assets include machinery and equipment required to grow cannabis, furniture, product stock.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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