High-annual-yields

High annual yields – up to 6 harvests per year, thanks to the favorable climate in the Canary Islands

 

recreational-cannabis

The recreational cannabis market is expected to be worth 123 billion euros by 2028

medical-cannabis

Long-term contracts with pharmaceutical companies for medical cannabis  

 

Grants

Grants partially funded by the European Union and the Canary Islands government

 

Tax-rate-of-4%

Tax rate of 4% – additional tax incentives for the taxation and repatriation of invested capital

 

Exemptions

Exemptions – free trade zone, with exemption from customs duties, VAT, IGIC and other benefits

Low-risk-and-fast-return-on-investment

Low risk and fast return on investment – medium- to long-term business with high returns and the potential to recoup your investment in the first year of production

The project is divided into three main phases:

The growing demand for plant-based medicines and the legalization of cannabis in Europe are creating new opportunities for entrepreneurs to cultivate plants for both the pharmaceutical and recreational markets.

 

The global pharmaceutical and recreational cannabis markets are growing rapidly, driven by the increasing demand for plant-based medicines and the legalization of cannabis in many European countries.

 

The Canary Islands are well-positioned to capitalize on this growing market. The islands have a long history of cannabis cultivation, and they offer a favorable climate and environment for growing plants. Additionally, the local government is supportive of the cannabis industry, and it has recently enacted legislation to regulate the cultivation and sale of cannabis for both medical and recreational purposes.

 

In conclusion, the growing demand for plant-based medicines and the legalization of cannabis in Europe are creating new opportunities for entrepreneurs to cultivate plants for both the pharmaceutical and recreational markets. The Canary Islands are a particularly attractive location for this business due to their favorable climate, history of cannabis cultivation, and supportive government.

For detailed information, kindly contact our Development Managers.