Hellenic Dynamics Secures EUR 1M for Expansion

Mountfield Group plc (GB:HELD) has released an update.

Hellenic Dynamics plc, a medical cannabis cultivator, has entered into a 15-year loan agreement with a European investment house for EUR 1 million, aimed at expanding its cultivation and R&D capabilities at its facility in Greece. The loan, with a 3.5% annual interest rate and a 6-month interest-only initial period, will bolster the company’s strategy to produce high-quality medical cannabis for global and domestic markets. This strategic financial move is part of Hellenic Dynamics’ broader plan to enhance its position in the rapidly growing European medical cannabis market.

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