Who are they? Avida is a cannabis brand that was founded in August 2018. They are based out of England but their growing and production are done in Colombia.
They will mainly focus on oils for the medical marijuana market and the recreational one also. The whole world has recently seen a large increase in legalization, with places like America having a big push for it especially over the last few years.
The English and European markets will hopefully follow soon, with more talk about the medical benefits. As the industry is gearing up for a massive expansion Avida is preparing itself to take full advantage.
They have two massive greenhouses in Colombia and grow/produce everything themselves to stay cost-effective. The company is currently valued at 15.5m and is raising funds via Seedrs, they have already raised over 1.1m so far with 30 days still to go.
I have personally invested in Avida, as it is a sector I believe will see some massive growth over the next 10 years. Avida has real potential to capture and excel as a big player in the cannabis field(pardon the pun).
Sign up using this link and get £25 free when investing over £150 https://www.seedrs.com/signup?promo_code=G9HMGVMD
Capital at risk.