German licensed pharmaceutical distributor seeks outright divestiture for €834,000
Outright Divestiture
Global
German licensed medical cannabis distributor seeks outright divestiture of the licences and going-concern business
A licenced German medical cannabis wholesaler focused on importing, registering, selling and distributing medical cannabis
Company is currently fully licensed but pre-revenue, with no debt
Great potential for a buyer to acquire this fascinating German distributor in advance of German adult use cannabis legalization
There is an appointed responsible person (RP) for releasing narcotics/medical cannabis products who is open to stay on. The RP is former CEO of a well-known German pharmaceutical company who first introduced cannabis to the market
Experienced leadership team with deep operating experience in the EU space
Has contract with licensed warehouse and logistics company to store and distribute medical cannabis products
Goal is to become one of the leading importers and wholesalers of medical cannabis in Germany
Acquisition of the business comes with a leased office space, outsourced responsible person and quality team, narcotics license, logistics partner and wholesale distribution license