© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - UK-based medicinal cannabis private equity fund-vehicle JPD Capital expands into Spanish market
Posted 22nd December 2020

UK-based medicinal cannabis private equity fund-vehicle JPD Capital expands into Spanish market

Medicinal cannabis Private Equity fund-vehicle JPD Capital has announced it has entered into a joint venture with Verdex Group to create and scale a medicinal cannabis start-up in Spain.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

UK-based medicinal cannabis private equity fund-vehicle JPD Capital expands into Spanish market
JPD Capital expands into Spanish market

Medicinal cannabis Private Equity fund-vehicle JPD Capital has announced it has entered into a joint venture with Verdex Group to create and scale a medicinal cannabis start-up in Spain.

Íbero Botanica has been added to JPD Capital’s investment portfolio offering, for private and institutional investors, creating a diversified vertically integrated portfolio of medicinal cannabis cultivation opportunities that already included Eco Equity, a London company with operations in Zimbabwe.

Íbero Botanica is the first European medicinal cannabis producer under the JPD Capital structure and is focused on delivering on its objectives to be the largest Spanish producer of effective European Union Good Manufacturing Practice (EU-GMP) certified medicinal cannabis to the global market.

Íbero Botanica will be initially operating as a CBD hemp production facility, whilst in parallel undergoing the relevant audits and licensing requirements for medicinal cannabis cultivation (THC), production and export. This parallel development of a THC production capability will take approximately 18 months and will yield a higher-priced commodity from cultivation for market and off-take partners.

The Íbero Botanica project will be set up under JPD Capital fund-vehicle structure, offering investors access to a new joint-venture known as “Íbero Botanica” an equal equity partnership of 50% each between Verdex Group and JPD Capital.

JPD Capital’s responsibilities will include investment and a regulated financial structure. Verdex Group will be responsible for the management of the cultivation including sales and distribution. Verdex group have existing sales contracts, that can be leveraged by the entire JPD Capital Group portfolio, which also includes a strategic customer base in the buoyant DACH market with an emphasis on Germany.

Íbero Botanica is set to gain its EU-GMP certification within the next 18-24 months and will become a vertically integrated medicinal cannabis supplier, with operations including a state-of-the-art integrated glass cultivation and extraction/processing facility, in Almeria Spain. The facility will provide a total cultivation space of approximately 40,000 square metres, located in Almeria.

By combining JPD Capital’s operational experience and fund-raising capabilities gained from scaling Eco Equity’s cultivation operation in Zimbabwe, with the solid and tested operational capability and pharmaceutical partner relationships that Verdex Group brings to the table, the joint venture is a “marriage made in heaven”.

The operation will leverage the best from both companies and produce a lean fast scaling operation (operational in 6 months) with customers and off-take agreements for its produce, leveraged from Verdex Group’s existing pharmaceutical industry relationships.

Jon-Paul Doran, CEO and Founder of JPD Capital, said: “The medicinal cannabis industry is showing continued resilience and even growth in the face of the pandemic when many other traditional industries are collapsing.

“The hard work of all those involved at JPD Capital and Verdex Group in creating Íbero Botanica highlights the opportunities that this industry can offer, whether it be sophisticated and seasoned investors, business leaders or entrepreneurs, and on a global scale as well.

“As countries around the world ease regulations, JPD Capital’s portfolio offers investors diverse opportunities in different areas of the world, including Africa as well as Southern Europe, allowing them to spread the risk of their investments.”

JPD Capital has also announced the acquisition of UK medicinal cannabis companies Tetra Global and Regent Pharmaceuticals. Tetra Global is a medicinal cannabis research and development company focused on proprietary genetics and hybrid strains through selective breeding programs. The company will be supplying medicinal cannabis growers with a strategic consultancy and a portfolio of unique strains for their cultivation operations via a subscribed service model.

Regent Pharmaceuticals is a UK pharmaceutical distribution company, with extensive sales and distribution in the UK and Europe direct to pharmaceutical companies and retail pharmacies and clinics. The company also offers an online clinic that combines online prescription and e-commerce for consumers and patients with online prescribing from clinicians for their patients.

Regent Pharmaceuticals has a commercial focus on medicinal cannabis distribution targeting the pharmaceutical industry, with a Good Manufacturing Practice (GMP) certified processing facility and providing an Active Pharmaceutical Ingredient (API) for generic pharmaceutical manufacturers and the larger pharmaceutical formulators.

Tim Ambrose, COO and co-founder of JPD Capital, added: “The decision to expand into the Spanish market demonstrates our commitment to utilising the cannabis industry’s global reach to ensure maximum returns for our investors.

“The European market alone is set to be worth $39.1billion by 2024, and with the African cannabis market set to be worth $2.6billion at the same point, we are well placed with our operations in Zimbabwe and Spain and various distribution streams out of the UK to continue investing in early start-up companies.” 

JPD Capital is a Guernsey issued protected cell company, operating under a corporate structure in which a single legal entity acts as an umbrella for several underlying cells, the first being Eco Equity Zimbabwe. The company has since added Íbero Botanica, Regent Pharmaceutical and Tetra Global to its portfolio. This structure empowers investors to choose how much of their capital to invest in each cell, spreading the risk and achieving valuable diversification benefits and the vertically integrated operational capabilities complement the entire JPD Capital portfolio of companies.

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Bohai Leasing Completes Acquisition of Avolon Holdings, Ltd
Finance
11/01/2016Bohai Leasing Completes Acquisition of Avolon Holdings, Ltd

Bohai Leasing (“Bohai”) announces the completion of its acquisition of Avolon Holdings, the international aircraft leasing company.

Read Full PostRead - Eye Icon
How To Integrate Physical and Cybersecurity Into Your Business
Corporate Social Responsibility
31/10/2024How To Integrate Physical and Cybersecurity Into Your Business

Businesses today are juggling both physical and digital threats, often simultaneously. It’s not uncommon for companies to focus heavily on cybersecurity only to leave physical security as an afterthought. Integrating both physical and cybersecurity is about

Read Full PostRead - Eye Icon
4 Tips For Automating Your Business Security Successfully
Innovation
08/09/20224 Tips For Automating Your Business Security Successfully

According to Statistica, 47.3% of companies are embracing automation from a security perspective. If you’re looking to automate your business’ security successfully, you need an awareness of the tools and technologies most beneficial for security automatio

Read Full PostRead - Eye Icon
Immigration & EU Membership Top the List of Business Issues
Finance
22/04/2015Immigration & EU Membership Top the List of Business Issues

Research from MakeItCheaper.com suggests that business owners are more concerned with the issues of EU membership and immigration above all else. With 17 days to go until the UK general election, business owners have said what they would like to see addressed

Read Full PostRead - Eye Icon
Structuring Strategies for Survival and Growth during Difficult Times
Legal
13/11/2020Structuring Strategies for Survival and Growth during Difficult Times

The legal form and structure of any business can contribute to its success or failure, especially in difficult trading conditions such as the economic slump caused by the COVID-19 pandemic.

Read Full PostRead - Eye Icon
EU Consumer Scoreboard Shows Untapped E-Commerce Potential
Finance
28/09/2015EU Consumer Scoreboard Shows Untapped E-Commerce Potential

The 2015 EU Consumer Scoreboard shows that cross-border e-commerce is still an under-developed market in Europe, and 61% of consumers feel more confident buying online from their own country (61%) than from another EU country (38%).

Read Full PostRead - Eye Icon
Innovative Strategies to Enhance In-Person Shopping Experiences Using Indoor Mapping
Innovation
31/03/2023Innovative Strategies to Enhance In-Person Shopping Experiences Using Indoor Mapping

Whether you operate a physical store or manage an online retail outlet, a comprehensive understanding of creating a unique in-person shopping experience is essential in this competitive market.

Read Full PostRead - Eye Icon
DWF Advise Capita’s Acquisition of Pervasive Networks
Legal
30/07/2015DWF Advise Capita’s Acquisition of Pervasive Networks

DWF Advise Capita's Acquisition of Pervasive Networks

Read Full PostRead - Eye Icon
How This Business Uses AI to Understand Its Customer Base
Innovation
07/11/2023How This Business Uses AI to Understand Its Customer Base

According to Forbes, more than nine in ten (97%) business owners believe ChatGPT will help their business.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow