Growers and investors who are willing to look at the longer-term will understand that entering the cannabis production industry NOW presents a unique opportunity for growth over the next 5-10 years.
Despite the legal landscape being forever changed when medicinal cannabis was legalised in the UK in 2018, it is still very much an industry in its infancy.
However, it is one which continues to evolve, with significant long-term opportunities available for those who are prepared to take the right steps and make the right investments now.
Although the medicinal market is a major opportunity for UK growers and investors, they could eventually reap the benefits if recreational legalisation follows – as has already happened in Canada.
As you would expect, the process of becoming a certified medicinal cannabis producer is far from straight-forward – despite it being a fully legal market.
It remains a hugely-regulated industry, meaning those who are interested in investing face many initial challenges to get started and become fully licenced.
To do so, the Home Office must be satisfied that your crop is completely traceable and assurances must also be provided about production quality, security and legal compliance.
How to invest with 100% confidence
For investors and growers to spend money with confidence, it’s imperative that facilities are designed, developed and operated to ensure maximum efficiency and profitability.
"At CambridgeHOK, our cannabis consultants can now offer a specially-devised Crop 17 package of support," the team with the company explains. "In collaboration with a number of world-leading businesses, which have already successfully been involved in the industry, we provide a turnkey solution – from feasibility study to design, licencing, build and daily operation."