A Brewdog co-founder is aiming to be one of the UK's top legal farms for medical cannabis as he plans to harvest his first full crop. Martin Dickie told the Press and Journal that he aims to grow his business, Waterside Pharmaceuticals, by investing £20 million over the next five years.
With most of the UK's medical cannabis currently imported, Dickie explained that he sees huge potential for his new business, which is based near Newburgh, Aberdeenshire, and is a Scottish first.
The businessman expects his first full yield at his high-tech indoor vertical farm to produce nine kg of medical cannabis with the company planning to increase further harvestest to 200kg a year. Dickie founded the Scottish drinks giant BrewDog in 2007 with James Watt and hopes to grow Waterside Pharmaceuticals like he did with his craft beer firm.
The 42-year-old married father-of-three is the pharma company's chief executive and said he plans to expand the business, helping to create more jobs and reduce its environmental impact.
Dickie told the P&J: "Our aim is to become the UK market leader in medical cannabis."
For more information:
Waterside Pharmaceuticals
waterside-pharma.com/
