March 4, 2019 | By McCathern Law
Kris Swaffer, one of the principals of Penta LLC, has acquired the first license to cultivate, manufacture, and distribute cannabis in the European Union. This landmark achievement stems from months of working with Greek government officials with the assistance of Arnold Shokouhi of McCathern, PLLC. With this license, Penta LLC has great potential to revolutionize the European cannabis industry.
Mr. Swaffer, through a separate company, owns a 26,000-square foot EU GMP certified medicinal cultivation facility in the Republic of Macedonia, which has ignited significant economic growth in the region creating 500-750 new jobs. This facility optimizes production using state-of-the-art LED technology in order to maximize energy savings and produce the highest quality product.
As legalization of medicinal cannabis continues to sweep across Europe, Swaffer, along with his attorneys at McCathern, are well equipped to meet the emerging global demand for pharmaceutical grade cannabis products.