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RNS Number : 3918U Hellenic Dynamics PLC 23 November 2023
23 November 2023
Hellenic Dynamics plc
("Hellenic Dynamics" or the "Company")
New Company Presentation and Facility Presentation
London, 23 November 2023, Hellenic Dynamics Plc (LSE: HELD), a medical
cannabis cultivator with a dedicated focus on producing tetrahydrocannabinol
("THC") dominant strains of medical cannabis flowers for the fast growing
European medical cannabis markets announces the publication of its new company
presentation and accompanying facility presentation.
Company Presentation
Hellenic is pleased to provide its updated company presentation which can be
accessed via the link 'Company Presentation
(https://www.dropbox.com/scl/fi/yw4z1iqaz8r727ijizt0e/Hellenic-Dynamics-Company-Presentation-November-2023-Final.pdf?rlkey=5eect38p259mgrj4fwew7rvl6&dl=0)
' and will be available on the Company's website by end of today.
Facility Presentation
Further to the announcement made on 10 October 2023, Hellenic is pleased to
provide its new facility presentation via the following link 'Facility
Presentation
(https://www.dropbox.com/scl/fi/pyw2zduhr40n6uwcynhfg/Hellenic-Dynamics-Facility-Presentation-November-23-V1.pdf?rlkey=da2k3xl4crkar4xbc0v8yazwg&dl=0)
' and will be available on the Company's website by end of today.
Enquires:
Hellenic Dynamics plc +44 (0) 20 3818 7850
Davinder Rai davinder@hellenicdynamics.com
Peterhouse Capital +44 (0)20 7469 0930
Lucy Williams / Charles Goodfellow
About Hellenic Dynamics plc
Founded in 2019, Hellenic Dynamics is specifically focused on the cultivation
and supply of THC ("tetrahydrocannabinol") - dominant strains of medical
cannabis flowers, destined for the growing medical cannabis markets
across Europe. Hellenic Dynamics' core strategy is to develop and operate its
40,000 square metre active cultivation licence from its 195,506 square metre
facility located near Thessaloniki in Northern Greece. In full production,
Hellenic Dynamics is capable of producing over 54,000 kg of dried flowers per
annum.
Hellenic Dynamics will take advantage of its relatively low cost base
resulting from a comparatively low cost of power, having its own running
water supply and the labour rates for skilled and semi-skilled labour in
Northern Greece.
26 European countries now allow medical cannabis via prescription and the
European cannabis market is expected to reach $17.39 billion per annum by
2028. Sales of Hellenic Dynamics' dried THC-dominant cannabis flowers and
extracts are initially intended for export into Europe's largest market -
Germany, in addition to other European markets including domestically in
Greece.
As the first medical cannabis cultivator to obtain a listing on the main
market for listed securities of the London Stock Exchange, Hellenic is
significantly different to the number of CBD (Cannabidiol) related companies
that have appeared over the recent years. Hellenic Dynamics cultivates
THC-dominant medical cannabis flowers. THC-dominant medical cannabis products
are only available via a medical prescription. Medicinal cannabis has been
approved for use both in the United Kingdom and Germany, plus 24 other
European countries, for conditions including but not limited to chronic pain,
intractable chemotherapy-related nausea, anxiety, insomnia,
Tourette's syndrome, substance use disorder, multiple sclerosis, IBS, spinal
cord treatment, lack of appetite due to HIV/AIDS, cachexia, anorexia and
glaucoma.
For further information please visit our website www.hellenicdynamics.com
(http://www.hellenicdynamics.com)
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