business_in_transition svg

300.000 €

100% funded by 1751 investors

Valcon Medical

Location Pin Svg
Copenhagen, DK

instalment

quarterly

term

2 years

a year

7.1%

rating

C+

Providing alternatives for chronic pain with medicinal cannabis.

Description

Valcon Medical A/S is a Danish company specializing in the manufacturing of medical cannabis extracts. Valcon's mission is to provide patients with access to alternative medications that positively impact health issues such as chronic pain, epilepsy, and other serious conditions. The use of medical cannabis is helping to decrease opioid use, offering a safer option for pain management and tackling the opioid crisis. 

To capitalize on the growing demand and expand its product portfolio and distribution network, the promoter is seeking 300.000€ to continue delivering high-quality, therapeutic cannabis solutions to patients across Europe. The funds raised in the campaign will be used to:

  • Expansion of Product Portfolio 
  • Manufacturing Capabilities 
  • Product Development 
  • Technology Upgrades 
  • Operational Expansion 

In recent years, Europe has experienced a historic shift in policy as countries increasingly recognize the medical benefits of cannabis. This transformative change is opening up new markets, providing opportunities for innovation and investment in the medical cannabis sector.

The Impact

Direct 

  • Offering of safe, effective and quality medicines for health-care and human well-beingValcon Medical manufactures medicinal cannabis products that enhance human well-being, providing alternative treatments for chronic pain, epilepsy, and other conditions where conventional medicines may fail Their products improve symptom management and reduce dependence on addictive opioids.  
    Medical cannabis treats conditions like chronic pain, multiple sclerosis (MS), epilepsy, Spinal cord injury and cancer-related symptoms. It is an option for patients who experience a lack of efficacy or poor tolerance to conventional medicine, and often complements current medication for managing pain, muscle spasms, seizures, and nausea.  
  • Promotion of innovation and entrepreneurship: a relevant portion of the funding is dedicated to developing a new product format for the European medical cannabis market – a medical cannabis vaporization and inhalation devices, which provide rapid relief for breakthrough pain. Valcon Medical will invest in advanced extraction technologies to improve the efficiency and yield of cannabis extracts, ensuring that the extracts maintain high potency and purity, crucial for medical applications. By being one of the first to introduce medical cannabis inhalation products in Europe, Valcon Medical positions itself as an industry innovator, setting a benchmark for others and driving industry progress. 
  • Creation of jobswith this funding for the company’s growth, Valcon Medical foresees hiring 10 people during the loan’s two years as permanent positions medical production professionals and regulatory specialists. 

Indirect 

  • Implementation of sustainable practices of consumption and production: Valcon Medical, certified by the ISO 14001 for environmental management systems (EMS), implements a strategy for environmental sustainability at the company’s activities level and similar can be found at their supplier. The company uses energy from Danish renewable sources and, in the production, implements efficient extraction technologies that reduce resources consumption and waste. The promoter prioritizes the use of environmentally friendly solvents in extraction processes which are less harmful to the environment and contribute to safer working conditions.  At their primary supplier, Schroll Medical, they implement sustainable agricultural practices: reduced or no synthetic pesticides and fertilizers; efficient water use with efficient techniques like drip irrigation and water recycling in the cultivation; energy efficiency through LED lighting and use of renewable energy from their own solar system; crop rotation and composting; biodegradable and recyclable packaging materials; and prioritization of local suppliers.  
  • Promotion of community awareness and advocacy: Valcon Medical is actively involved in policy advocacy to shape effective public policies and access regarding medical cannabis in Denmark and across Europe. Also, the company invests in community outreach programs to educate the public about the benefits and safe use of medical cannabis. 

Impact Indicators

Metrics Svg

10

jobs created

Sustainable Development Goals

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8 image
9 image

Financial viability

Valcon Medical demonstrates financial viability through its market presence and robust supply chain. The company has active sales to multiple European countries with around 589.000€ in turnover in 2023 and is on track for 1.900.000€ in 2024 with positive cash flows. Led by a growing footprint in the Scandinavian market, Valcon Medical’s revenue and EBITDA forecasts show growth potential, supported by their strategic initiatives to expand product offerings and enter new markets. The 300.000€  that are expected to be obtained in this campaign will directly enhance the company's revenue streams by introducing new products and expanding distribution capabilities, to offer a solid return on investment.

Download the Financial Statements document related to the promoter here: Financial Statements - Valcon.pdf

More information here: P&L Forecast 2024 & 2025.pdf; Valcon Medical AS - Annual report 2023 - signed.pdf

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Download Key Investment Information Sheet

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Guarantees

Floating charge in second degree of the assets of the company.

The start of the payment plan for this project may be delayed. Learn more: What happens after a campaign closes?

The Promoter

About Valcon Medical A/S

Valcon Medical A/S, established in 2018 and based in the Greater Copenhagen area of Denmark, is a GMP-licensed pharmaceutical manufacturing organization specializing in the extraction and formulation of medical cannabis.

The positive impact of using medical cannibis on patients is profound, with many finding relief from chronic pain, epilepsy, and other debilitating conditions. Moreover, the adoption of medical cannabis is contributing to a reduction in opioid use, offering a safer alternative for pain management and addressing the opioid crisis that has plagued many regions. This progressive movement marks a significant step forward in healthcare and patient well-being across Europe.

As a leading supplier of medical cannabis extracts in Europe, Valcon Medical is at the forefront of this transformation. The company supplies extracted medical cannabis formulations with therapeutic cannabinoids to pharmaceutical markets across Europe, including Germany, Denmark, the UK, and Poland. In Denmark, Valcon Medical offers a range of products to suit local patient requirements under Valcon’s brand, ScanLeaf. Valcon Medical's product portfolio includes various standardized oil formulations and Germany’s first medical cannabis inhalation product for fast-acting pain relief.

Valcon Medical operates with a clear focus on quality, consistency, and scalability. The company’s management team comprises experienced professionals with backgrounds in pharma, biotech, finance, and regulatory affairs. With a GMP license since 2021 and validated products following European Pharmacopeia standards, Valcon Medical is well-positioned to meet the growing demand for medical cannabis in Europe. The company’s subsidiary, Scanleaf, provides unique access to the Scandinavian market, ensuring direct and efficient distribution of its products.

The team

Pete Patterson

linkedin
CEO

Pete Patterson is a seasoned entrepreneur with a proven track record in the cannabis extraction industry, having founded and led Vitalis Extraction Technology to significant success. His dedication to medical cannabis stems from a personal experience where a family member's use of cannabis for chronic pain management led to life-changing results.

Peter Sigetty

linkedin
COO

Peter Sigetty is an innovative entrepreneur and thought leader in the medical cannabis industry, known for his cultivation, extraction, and regulatory compliance expertise. His passion for medical cannabis is deeply personal, driven by witnessing its transformative effects on a family member suffering from chronic pain.

Helena Christensen

linkedin
Medical Affairs Manager

Helena Christensen is a respected advocate for the standardization and quality control of medical cannabis extracts, leveraging her extensive background in pharmaceutical sciences. Her commitment to improving patient care through high-quality cannabis products is evident in her active research, advocacy, and policy-making involvement.

Business Model

Valcon Medical’s business model revolves around extracting and formulating high-quality medical cannabis products for white-label and bulk sales outside Scandinavia while providing branded products in the Scandinavian markets.

The company’s operations are supported by a flexible and fast supply chain, capable of delivering products with a shelf life of 24 months and very competitive delivery times.

Valcon Medical maintains a robust extracts inventory and actively collaborates with established distributors and new markets to drive sales growth.

The company's strategic focus on innovation, regulatory compliance, and sustainability ensures long-term competitiveness and market leadership.

Active since

2018

Fiscal country

DK

Operating In

Denmark

Industry

Health

Number of Goparity Loans

1

Women Shareholders

No

Updates

2024-08-27

100% funded

1751 investors successfully raised 300.000€

2024-08-14

Open for investment

This campaign is open for investment

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