What are the plans for using funds raised from investors?

Development of infrastructure and expansion: Opening new greenhouses, increasing the production volume of medical cannabis. The plan to open 2-4 greenhouses per quarter involves significant investments in construction, technology, and equipment.

Development of retail outlets: Opening new retail outlets in regions where activity expansion is planned (Davos, St. Moritz, Mallorca, Ibiza, Canary, Prague).

Technological innovations: Investing in modern technologies and research to enhance production efficiency, improve product quality, and introduce innovations.

Marketing and promotion: Funds will be directed towards marketing campaigns, advertising, PR, and other activities to attract consumers and expand market share.

Operational expenses: Financing the current operation, salaries, rent, utilities, logistics, and other operational expenses.

Legal support and licensing: Accounting for the project's needs in legal support, obtaining necessary licenses, and adapting to regulatory requirements in different countries.

Reserve fund: A portion of the funds may be allocated to a reserve fund to cover unforeseen expenses or respond to potential risks.

Business diversification: Based on market needs, a decision may be made to invest in new business directions or related projects.

Training and staff development: Investing in staff training, courses, workshops, and seminars for skill enhancement and professional growth of the team.

Sustainability and ecology: Financing initiatives aimed at environmental sustainability and social responsibility of the project.