Medical Cannabis
business opportunity

Medium To Long Term Medical Cannabis Business Opportunity

$1,6mn Licensed Legal Cannabis Operation in Southern Africa
Expected Profit of x10 within the first 3 years, plus growth in value
High-tech venture to cultivate, harvest, and process a high-quality strain of medicinal cannabis
Stringent production conditions with Good Agricultural Practice (GAP) and Good Manufacturing Process (GMP) compliance
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Medical Cannabis Business Opportunity

With the legalization of medical marijuana in a significant amount of countries in the past decade, a Medical Cannabis Business Opportunity is fast becoming a highly sought-after business venture for progressive business individuals, entrepreneurs, and investors. According to a market report developed by imarcgroup.com, the global medical cannabis market size was valued at USD 44.4 Billion in 2018 and is expected to reach a value of USD 44.4 Billion by 2024 – exhibiting a CARG of 22.9% during the forecast period.  

ABOUT THE MEDICAL CANNABIS BUSINESS OPPORTUNITY

Medical Cannabis Business OpportunityNEC has partnered with Agronotech (Pty) Limited to offer the opportunity of entrance into the Legal Medical Cannabis Industry. 

The project is based in The Kingdom of Lesotho, a country that provides optimal growing conditions/climate, efficient economic and cannabis industry governance, well-developed infrastructure, and a welcoming attitude to international investment in the cannabis industry. 

The goal of this project is to establish a high-tech venture to cultivate, harvest, and process a high-quality strain of medicinal cannabis. Processed products are to be sold via marketing partners to pharmaceutical companies in Australia and Europe.

WHAT SETS US APART

New Economy Club BusinessGuaranteed take-off agreements are already in place for dry packaged cannabis products as well as cannabis oil. A highly experienced team has been recruited together with the necessary land acquisition. 

Stringent production conditions will ensure compliance with Good Agricultural Practice (GAP) and Good Manufacturing Process (GMP) requirements. All licensing conditions and protocols will be strictly adhered to, as set out by Lesotho Legislation and the World Health Organization (WHO).

A medical cannabis production license, and a 10-year full spectrum license, has already been obtained in 2018 with the option to renew. The license allows for all aspects of cannabis production, processing, and sales. It includes a 30,000m² cannabis cultivation area. 

Propagation and cultivation processes are to be done using high-tech state-of-the-art equipment. Aeroponics and Hydroponic systems will be the main cultivation technology used. LED grow lights and a 100% controlled climatic and secured environment will be employed for propagation, vegetation, flowering, and harvesting. Processing will involve either air-drying (for dry plant products), or oil extraction using a supercritical fluid extractor. This system can produce at least 30 liters of pure oil per month.

WHAT WE OFFER

This particular medical cannabis business opportunity is estimated to be profitable within the first year, with a cumulative revenue of over US$35 million / ZAR500 million by year three.

Click here to read our article on what it takes to build a word-class medical marijuana facility.

CONTACT US for more information.

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