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Turnkey medical cannabis project in Portugal with pre-licenses, EU grant approved, and ready for growth for $670k USD OBO

Portugal
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Cannabis Real Estate Listings | Cannabis & Hemp Zoned Land For Sale

Listing ID : 881167

Listed On February 10, 2025 View Count 618

Listing Updated March 28, 2025

Price :
$670,000
Business Overview :
License Details :
Business Location Details :
Cannabis or Hemp Use:
Cannabis and/or Hemp
Lot Size:
0.22 Acres
Zoning:
Zones for Cannabis construction of a pharma-grade, state-of-the-art facility
Terms :
Financing:
Cash
Broker Co-Op:
No
NDA Required:
Yes
Reason for Selling:
Opportunity to acquire a Portuguese turnkey pre-licence project with a 2,000m² facility plan on a 10,000m² plot. Includes pre-licences, strategic location, renegotiated agreements, pre-approved plans, and scalable Spanish and German subsidiaries.
Company Overview :
Description :
  • 2,000m² approved construction plan for a state-of-the-art facility on a ~10,000 m² wholly owned plot in Portugal

  • Designed for the pharma-grade extraction market, targeting medical cannabis products such as oral solutions, full-spectrum extracts, oils, and isolates

  • Projected output of ~9 tons of raw material annually on a single shift, with the potential to double production with 3 shifts

  • Defined product lines and secured LOI’s for potential offtake to ensure strong demand and market penetration upon launch

  • All necessary production equipment has been pre-negotiated

  • ~€750k invested to date on the project (i.e. architectural, topographic, and engineering)

  • ~€3.5–4 million EU grant with high probability to be approved as have been awarded before

  • Spanish and German subsidiaries included (Note: no active revenues or operations)

  • 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.

  • An adjoining ~8,000 m² plot has been reserved by the local municipality for potential expansion of the business

  • Company has accumulated approximately €560,000 in tax losses carried forward, which the acquirer can leverage for tax optimization

  • 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

  • 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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