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Country: France

Biotech

Producer of medical cannabis

News

Overseed raises $4.7 million to produce 100% French cannabis oil 03/07/2024

  • New round of financing for Overseed: 4.7 million euros.
  • - First round of financing in late 2021: 2.5 million euros for R&D.
  • - Date of medical cannabis experimentation in France: March 2021.
  • - End of medical cannabis experimentation: end of 2024.
  • - Production partners: StaniPharm (extraction and formulation), Groupe Pharma & Beauty (production of finished products).
  • - Number of employees planned for 2025: 30.
  • - First sales forecast in 2025: 1.4 million euros.
  • - Potential market for medical cannabis in France: up to 400,000 patients.

Studies mentioning this company

The CBD market - France

Other companies mentioned:

  • Fresh Label - Mag JAG
  • Elya - Mag Jag
  • weedy.fr
  • justbob.fr
  • Lafermeducbd.fr
  • CBD eau
  • Le Lab Paris
  • Green House CBD Shop
  • Green Leaf HelloJoya
  • Naturellement chanvre
  • Tilray Brands
  • Le Chanvrier Français
  • Hemp It
  • Overseed
  • Chenevia Pharma