Company History

our history

The company was founded in 2017 and during the last couple of years Medican has built an international company with focus on building valu in different areas:

  • Extensive licensing in Denmark, Germany and Uruguay
  • Building strong and EU GMP experienced organizations and teams with the highest possible education and training
  • Enable production of high quality products both for medical use and for food supplements – Building state of the art cultivation and manufacturing facilities
  • Building own distribution network in the key markets throughout Europe.
  • Acquiring stakes in companies with large potential and services that can bring value to Medican’s core business

2017

October
Medican A/S founded
December
Medican A/S receives cultivation license

2018

January
Completes DKK15 MM financing
Febuary
Acquires 60% of Hardolin Holding BV
April
Establishes Medican Pharma Ltd. (UK) JV (60% ownership)
June
Medican A/S completes first harvest

Completes DKK12,5 MM financing

Hardolin Holding BV submits license applications

September
Acquires 25% of Medizinalhanf GmbH

Medizinalhanf Gmbh submits license applications

November
Hardolin Holding BV receives license to cultivate, sell and export CBD
December
Acquires 30% of Aureum A/S

2019

January
Completes DKK9,5 MM financing

Hardolin Holding BV imports clones from Switzerland
March
Aureum A/S submits license applications

Medican A/S buys out Medican Pharma Ltd. (UK) JV partner
April
Medizinalhanf GmbH receives import / distribution license

May
Aureum A/S receives first cultivation and handling license


June
Raises DKK 21 million and include Canadian Materia in the ownership circle and form the joint venture Kannaabis ApS


July
Hardolin Holding BV completes first harvest


September
Medican establishes Medican Pharma GmbH to obtain full control of distribution opportunities in Germany


October
Medical continues to expand facilities in Denmark to meet final licensing and sales of products


2020

Q2
Hardolin Holding was GACP certified in Uruguay
Q3
Medican A/S recieved a cannabis bulk license from the Danish Medicine Agency.
December
Medican Pharma GmbH receives GDP/Wholesale license to import and distribute medical cannabis in Germany.

Medican sells ownership in Aureum A/S and in Medizinalhanf GmbH.