The House of Green Limited (THOG) seeks to become one of the largest commercial cannabis grower/processor on the island of Guernsey with ambitions to become a significant participant in the UK, EU and global cannabis markets.
THOG currently has 15 acres of greenhouses currently under long leases, and has established a fully equipped extraction facility on a 20,000 sq ft site on Guernsey and is producing cannabidiol (CBD) distillate using its patented extraction technology. Benefitting from the abundance of available greenhouses in Guernsey, THOG expects all cannabis biomass materials to be processed by the company will be sourced locally from within the Channel Islands from 2021. With the UK CBD market expected to grow to £1bn by 2025 and the potential for further relaxation of legislation, demand for high-quality cannabis products for therapeutic and medicinal uses will continue to rise.
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