Bright Green’s mission is to be the premier federally-authorized provider of cannabis in North America. Our vision is to improve quality of life through the opportunities presented by medicinal applications of plant-based therapies, particularly cannabis-derived products.
Bright Green will be fully legally authorized by the federal government to:
- Sell cannabis to DEA-registered companies for the production of products and preparations, subject to final registration and licensure with the DEA as set forth in the MOA;
- Sell cannabis for federally sanctioned medical research and product development;
- Export cannabis for international medical or scientific uses; and
- Sell products that emerge from Bright Green’s own research and patents.
We plan to focus on the development of cannabis strains and the sale of products with a high concentration of cannabinol (CBN) and cannabigerol (CBG).
Our Unique Opportunity
As a public company, Bright Green is well-positioned to capitalize on the growing demand for medical cannabis, a market which is projected to increase from $22.4 billion in 2020 to $87.4 billion globally in 2027.
We plan to sell cannabis and cannabis extracts to pharmaceutical companies and research institutions with a Schedule 1 license pursuant to our conditional approval from the DEA. Importantly, domestic sales of cannabis products will be made only via bona fide supply agreements with authorized DEA registrants, and not directly to consumers.
A DEA registration will allow us to sell cannabis to DEA-registered pharmaceutical companies to produce medicinal cannabis or cannabis preparations and export cannabis to researchers internationally who hold a license comparable to a U.S. Schedule 1.