The House of Green seeks cash for cannabis cultivation

The House of Green Ltd plans to raise between £1.5m and £2m via a private offer to help it become the largest commercial cannabis grower in Guernsey.

The fundraising by the Guernsey-based company is not eligible for EIS relief and there are no immediate plans for a flotation. Management currently owns two-fifths of the company.

The House of Green ( has 15 acres of greenhouses under lease and the plan is to commence cultivation during the first quarter of next year. T...

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Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.