WHY PORTUGAL?

Various factors make Portugal and in particular, São Pedro do Sul advantageous for cannabis research, and processing:

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•  highly skilled professional, technical and healthcare workforce

• A tariff-free gateway to an expanding lifestyle and medical E.U. markets

• Logistical access to the U.K. lifestyle and health care markets

• Ability to import materials from non-EU countries to be used as biomass for extraction

• Portuguese health ministry fully supports the pharmaceutical advancement of cannabis.

• Portuguese Ministry for Economic Development provides significant financial incentives and subsidies

• Cannabis production costs are lower than incumbents: Germany, The Netherlands or Canada. 

• Salaries are 30% lower than the average of other Western European countries  

[1] Ave. Salary Survey Nov 22 2020

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