Industrial Hemp

The project is organised through a joint venture led by an agro-industrial operator and developed in three steps: A — aggregation and third-party processing, for market testing; B — seed processing; C — the modular platform for seeds and stalks. The option presented is configuration C, with approximately 833 ha under dual-purpose use and 514 ha dedicated to stalks, totalling approximately 1,347 ha at nominal capacity.

The option presented to investors assumes, in each year of operation, an improved commercial result equivalent to 13% of prudent-level revenue, together with an indicative non-reimbursable grant equal to 15% of the investment. The result may come from better prices and products, higher yields, lower losses and reduced delivery costs; it does not represent a 13% year-on-year increase. Before the grant, the project has an NPV of +0.06 million EUR and an IRR of 12.3%. After the grant, investor equity has an NPV of +0.56 million EUR, an IRR of 14.8%, and a simple payback of approximately 9.4 years. The conditions will be verified through local data, supplier offers, industrial tests, letters of intent and preliminary purchase agreements.