Alternative Medicine Company Seeking Loan in Coimbra, Portugal
|Run Rate Sales||USD 6 million|
|EBITDA Margin||22 %|
|Local Time||10:16 PM Portugal|
|Listed By||Business Owner / Director|
- 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.
We grow and sell medical cannabis bulk GACP dried flowers, EuGMP dried flowers and medical cannabis finish products EuGMP dried flower.
Physical assets include machinery and equipment required to grow cannabis, furniture, product stock.
1 week, 4 days agoManager, Contracting, Istanbul, Individual Investor / Buyer connected with this business
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