The company has a Greek State license and a field, with no facilities built as of now. The business is being sold as-is at 0.9MEUR, or as a turnkey investment including nursery, plantation, oil extraction and packaging, as well professional support at a cost near 19 MEUR, the exact cost depending on equipment and market requirements.
Greece, with its wide-ranging climate and fertile land, is able to produce agricultural products of the highest quality.
The company was founded in 2019 by the current owner, as a means for securing a medical cannabis cultivation permit from the Greek government. Due to being heavily invested in industrial cannabis (the business owner also owns one of the largest plantations and processing plants in industrial cannabis in Greece, and is very well versed in the legal requirements as well as cultivation and processing of cannabis plants), he is looking forward to liquidate his medical cannabis investment which comprises of this shell company that owns a 9 acre field, of which 5 will be used for the plantation, selected especially for medical cannabis cultivation as well as a Greek State license for producing, processing and trading in medical cannabis.
This a capital-intensive, low-risk high-returns investment.