Malta is fast becoming a leading jurisdiction when it comes to the production, importation and exportation of medical cannabis. Are you willing to invest in this booming industry? Do require assistance in assessing if it is worth doing so? Are you looking for experts who can help you with the medical cannabis license application process? Then you are in the right place, since our legal experts can help you navigate in the right direction.
E&S Group can offer notable expertise in advising clients in numerous sectors. This extends to advice in deciding on the feasibility of setting up in Malta and the accompanying benefits.
The current success in the medical cannabis industry is mainly due to the jurisdiction’s regulatory authorities. Regulators are very keen on investment in this respect. The aims are two-fold – that of helping the patient and the industry. Consequently, large investments are not precluded despite our size as a country – in fact, Malta Enterprise has already approved 20 projects.
Our accounting and corporate team can assist firms and investors with their activities and operations. We offer accounting services and payroll, risk management analysis, business assessments and VAT services. Additionally, we offer tax expertise since Malta offers many incentives to investors. These benefits include subsidised rent and tax credits for approved projects in the pharmaceutical sector and an attractive fiscal regime.
Our legal team can assist our clients through the process of acquisition of licensing in this domain. We thoroughly inform and guide them towards the approval of the initial inquiring letter. Our support extends all the way through obtaining the final licenses to operate, manufacture and research – and even export medical cannabis out of the Island.
The eventual profitability of an investment is the prime driver of the advice we offer. Malta has solid and advanced manufacturing and pharmaceutical sectors. This is coupled with its outstanding location at the heart of the Mediterranean. We believe that through our professional advisory services your investment will certainly reach its highest potential. This is backed by the prediction that the medical cannabis market is set to become the world’s largest market in the next 5 years. In addition, the European cannabis market is set to exceed USD55 Billion in worth in the coming 10 years.
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