1. Presentation of the business idea
2. Business project
3. 5-year business plan
- Calculation of capital investments (CAPEX)
- Calculation of operational costs until validation and licensing (Pre process OPEX)
- Calculation of operational costs in production (OPEX)
- COGS calculation
- EBITDA calculation
- Investment justification
- SWOT Analysis
4. Market Analysis with a 3-year forecast
5. Establishing a company
- Establishing a start-up team
6. Establishment of a process of industrial production of cannabis for medicinal purposes according to EU GMP and WHO GMP guidelines
- Choosing a construction site
- Designing a production plant
- Facility Tuning
- Validation of functionality of the object
- Implementation of an industrial cannabis cultivation process
- Cannabis extraction and API production
- Formulation of products
- Production of formulated products (tinctures, ointments, creams, capsules…)
- Quality control (laboratory for quality control and creation of product stability for different World zones according to WHO guidelines, implementation of ISO 17025 and EU GMP standards
- Creation of all necessary SOPs for process validation and licensing
- HR process of staff selection
- Headhunting
- Training of personnel to establish the processes