Biopharmaceutical Company with Danish Medicines Agency Licenses - Turnkey Facility, €2.2M Investment, Product Development, Open to Divestiture

Biopharmaceutical Company with Danish Medicines Agency Licenses - Turnkey Facility, €2.2M Investment, Product Development, Open to Divestiture
Buy / Sell / Invest:
Outright Divestiture
Location:
Denmark

Unique chance to acquire a turnkey, Danish licensed cannabis business with a fully-equipped cultivation and processing facility compliant with EU-GMP standards

  • Distinguished biopharmaceutical company holding licenses for cultivation, handling, storage, manufacture, storage, distribution and import of medicinal cannabis by the Danish Medicines Agency
  • Turnkey, operational facility with a leased area of 402m2; final approval for GACP + GMP2 area is in progress, capable of producing premium cannabis flowers
  • Approximately €2.2 million invested in capital and infrastructure
  • Development of 1 product for the Danish market currently underway, awaiting authorization approval
  • Projected EU-GMP license completion by 2024
  • Open to partial or full divestiture (90-100%); current leadership willing to stay on during transition and post-transaction

Licence(s) Held:

  • Authorization for Cultivation and Handling of Medicinal Cannabis
  • Authorization for the Manufacture of Cannabis Intermediate Products (including Import, Receipt, Storage, and Distribution of Specified Products)
  • Authorization for Activities Involving Euphoriant Substances

 

Seeking outright divestiture of the licences, lease and going-concern business for €675.000

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