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Davinder Rai CEO of Hellenic Dynamics discusses the European medical cannabis opportunity, forecast to reach €37 billion by 2027 how they intend to service some of this demand by producing over 54,000kg of dried medical cannabis flowers per annum from their 195,506 square meter facility in northern Greece.
Highlights
Hellenic Dynamics started trading on London Stock Exchange on 5th December under the ticker HELD.
The Company has raised gross proceeds of £1.125 million through a fundraising where the number of subscribers exceeded the number of shares on offer.
Hellenic Dynamics plans to cultivate and export THC dominant medical cannabis products to the 25 countries in Europe that now allow medicinal cannabis for patients via prescription.
The European cannabis market is expected to reach €37 billion by 2027, twice the size of the Canadian and North American markets combined.
Hellenic Dynamics operates from a 195,506 square meter facility in northern Greece, which in full production is capable of producing over 54,000kg of dried medical cannabis flowers per annum. The facility benefits from low power costs as well as local, competitive skilled and semi-skilled labour rates.