From the outset the business has been created to produce both Cannabidiol (CBD) and Tetrahydrocannabinol (THC) in response to global market conditions. This gives the company an unusual level of market response agility.
CBD is a non-hallucinogenic chemical derived from cannabis which is now legal in many jurisdictions. It is CBD that is driving current global cannabis demand.
In the UK, as a typical example, it can be bought over the counter as a dietary supplement. Increasingly valued for its medicinal properties, the global CBD market has been estimated on Wall Street to be worth $16bn by 2025. But CBD – led demand is already changing in some places as science proves the enhanced medicinal benefits of THC and countries and states adjust their legislation to accommodate this. Folium is ready for that change.
WHY FOLIUM?
UK based company with planned UK listing, uniquely placed with operational facilities and experienced professional medical and academic staff producing premium crafted organic medical cannabis products
Experienced international management team and seasoned board
Government-approved and fully licensed in North Macedonia for existing and future medical cannabis cultivation, processing, manufacturing and export
Leveraging low costs of production in North Macedonia
Mixed cultivation approach to focus on greenhouse cultivation (CBD) and indoor aeroponic cultivation (THC)
Flexibility to switch from CBD-led output to greater THC output as market conditions dictate
Selling through developed business contacts in established markets
Phased rollout and expansion plans
Oil Extraction Facility
INITIAL BUILD OUT
- First 3 Months (Completed)
- Facility build out
- Equipment purchase
- Full time support and training
PHASE I
- Up to 142 kg/month (In Progress)
- Hire additional employees
- Produce up to 142kg of distillate per month
PHASE II
- Up to 584kg/month (Future Goal)
- Marginal staff increase
- Additional equipment and facilities
- Produce up to 584kg of distillate per month
Core team experience
We offer Strategic Governance, Direction & Guidance, a seasoned, experienced board with listed company and IPO experience
The Board
The core team has a proven experience in building and operating businesses in emerging markets. This experience includes local area expertise in South Eastern Europe and North Macedonia. The core team has built start-up operations and grown businesses from green field to successful public listing on the London Stock Exchange.
Paul M. Hitchcock
Chairman & Board Member
Partner & Managing Director, Newmarket Partners Ltd
Experienced corporate financial advisor, ABN Amro Corporate Finance and Baring Brothers International
Dr. Etrur Albani
Founder & Board Member
Founder & Investor
Founder & Managing Director, Fox Marble FOX (LON)
Business Consultant
CEO PTK Kosovo
Richard Dodd
CEO & Board Member
Chief Investment Officer & Managing Director
Newmarket Partners Ltd
Cable & Wireless PLC, CEO Lime Caribbean, CEO Monaco and Islands and MD Mergers and Acquisitions
Plexus Wifi
Aeriandi Ltd
LucidCX
The Concerto Group
Thomas Melchior
CFO & Board Member
Founder and Partner
CFO at CWC Maldives / Dhigaagu
COO PTK Kosovo
CEO Horizon
CFO Swisscom International India / Essar Cellphone
Timothy Seymour
Non Executive Board Member
Founder & CIO Seymour Asset Management
CNBC Emerging Markets Contributor
Experienced Chief Investment Officer
Triogem Asset Management
Red Star Asset Management
Operations Team
The operations team has a proven experience in building and operating businesses in emerging markets. This team has hands on cannabis growing and oil extraction experience
Scott Young
Corporate Finance Advisor
Founder & Managing Director Gemini Capital
Experienced Investment Banker:
LF Rothschild
Morgan Stanley & Co.
Carlton Partners LLP
Dial Partners LLP
Jonathan Mitchell
Chief Compliance and Governance
Regional Compliance Expert
International UK Government Service Experience
Local and National Governmental Agency Liaison
Prof. Dr. Ilija Karov
Head of Operations North Macedonia
Dean, Faculty of Agriculture
Oil Extraction Equipment Expert
Leading Agricultural expert
Cannabis Operations
Dr. Kirka Karova
North Macedonia
Medical Doctor
Quality Control
Cannabis Operations
Dr. Rozeta Karova
North Macedonia
Phd in Law
Legal and Commercial Operations
Cannabis Operations
Applications areas
Treatment of:
Pain including chronic pain
Nausea
Epilepsy, seizures and fitting
Side effects of chemotherapy
Cancer
Alzheimer’s disease
Crohn’s disease
Eating disorders including appetite loss
Mental health conditions
Glaucoma
Muscle spasms
Multiple sclerosis
Contact us
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