Business
New Company Presentation and Facility Presentation
New Company Presentation and Facility Presentation.
About this update from Hellenic Dynamics Plc
[{"type":"text","content":"\n\n23 November 2023\n \nHellenic Dynamics plc\n(\"Hellenic Dynamics\" or the \"Company\")\n \nNew Company Presentation and Facility Presentation\n \nLondon, 23 November 2023, Hellenic Dynamics Plc (LSE: HELD), a medical cannabis cultivator with a dedicated focus on producing tetrahydrocannabinol (\"THC\") dominant strains of medical cannabis flowers for the fast growing European medical cannabis markets announces the publication of its new company presentation and accompanying facility presentation.\n \nCompany Presentation\nHellenic is pleased to provide its updated company presentation which can be accessed via the link 'Company Presentation' and will be available on the Company's website by end of today.\n \nFacility Presentation\nFurther to the announcement made on 10 October 2023, Hellenic is pleased to provide its new facility presentation via the following link 'Facility Presentation' and will be available on the Company's website by end of today.\n \n \nEnquires: \n \n\n\n\n\nHellenic Dynamics plc\n\n\n+44 (0) 20 3818 7850\n\n\n\n\nDavinder Rai\n\n\[email protected]\n\n\n\n\n\n\n\n\n\n\n\n\nPeterhouse Capital\n\n\n+44 (0)20 7469 0930\n\n\n\n\nLucy Williams / Charles Goodfellow\n\n\n\n\n\n\n\n \nAbout Hellenic Dynamics plc\n \nFounded in 2019, Hellenic Dynamics is specifically focused on the cultivation and supply of THC (\"tetrahydrocannabinol\") - dominant strains of medical cannabis flowers, destined for the growing medical cannabis markets across Europe. Hellenic Dynamics' core strategy is to develop and operate its 40,000 square metre active cultivation licence from its 195,506 square metre facility located near Thessaloniki in Northern Greece. In full production, Hellenic Dynamics is capable of producing over 54,000 kg of dried flowers per annum.\n \nHellenic Dynamics will take advantage of its relatively low cost base resulting from a comparatively low cost of power, having its own running water supply and the labour rates for skilled and semi-skilled labour in Northern Greece.\n \n26 European countries now allow medical cannabis via prescription and the European cannabis market is expected to reach $17.39 billion per annum by 2028. Sales of Hellenic Dynamics' dried THC-dominant cannabis flowers and extracts are initi...