Listing ID : 881167
Listed On February 10, 2025 77
Listing Updated February 10, 2025
Listing Highlights :
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2,000m² approved construction plan for a state-of-the-art facility on a ~10,000 m² wholly owned plot in Portugal
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Designed for the pharma-grade extraction market, targeting medical cannabis products such as oral solutions, full-spectrum extracts, oils, and isolates
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Projected output of ~9 tons of raw material annually on a single shift, with the potential to double production with 3 shifts
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Defined product lines and secured LOI’s for potential offtake to ensure strong demand and market penetration upon launch
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All necessary production equipment has been pre-negotiated
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~€750k invested to date on the project (i.e. architectural, topographic, and engineering)
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~€3.5–4 million EU grant with high probability to be approved as have been awarded before
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Spanish and German subsidiaries included (Note: no active revenues or operations)
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Layout, architectural design, and basic engineering finalized. A geotechnical survey and detailed engineering are required to complete construction. EPC contract finalised awaiting NTP/contract signing including key CO2 extraction technology package from first class company.
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An adjoining ~8,000 m² plot has been reserved by the local municipality for potential expansion of the business
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Company has accumulated approximately €560,000 in tax losses carried forward, which the acquirer can leverage for tax optimization
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This project offers a rare opportunity to enter the European medical cannabis market with a turnkey project. With substantial groundwork completed, regulatory compliance secured, and a strategic location in Portugal, the foundation for scalable growth is in place
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Seeking outright divestiture of the fully turnkey pre-licence project, company’s subsidiaries, licences and land for €650k OBO ($670 USD OBO)
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