From 2018, Danish companies are permitted to grow medicinal cannabis.
Mads Pedersen, described in Denmark as a ‘tomato king’, last week announced that his company, Alfred Pedersen & Søn, would be putting considerable resources into the crop in a joint venture with Aurora.
The production facility will be located near the town of Odense and ready to begin operating next year, Berlingske Business reports.
In an interview with broadcaster TV2, Pedersen said that he hoped the business venture would “make a difference”.
“I think this is a chance that comes once in a lifetime. To work with a product that makes a difference,” he said.
Pedersen’s company will invest 250 million kroner (33.5 million euros) into the facility, which will cover an area the size of 13 football pitches, according to TV2’s report.
“We are working and planting in advance. We have logistics and climate already in place [from the company’s tomato farm, ed.], and that is the same thing you need with regard to cannabis in order to deliver the quality patients need,” he told TV2.
The Canadian company would also provide valuable expertise to the business venture, he said.