Alto Verde Press Release 08.03.2021


AltoVerde®, an emerging, multifaceted cannabis company, announces the launch of its website.

AltoVerde is an ambitious start-up, en route to become the leading certified, vertically integrated, cannabis company that is headquartered in Europe.

London, 08 March 2021

AltoVerde today proudly announces the launch of its website, AltoVerde.com, timed to go live as initial seed funding is being raised and in anticipation of a further UK crowdfunding campaign later this year. Incorporated in the UK, AltoVerde is headquartered in Europe, with a pool of unrivalled, proprietary genetics and expertise in cannabis genetics (breeding and cultivation). Its founders strongly believe that the gradual liberalisation of cannabis in Europe presents a rare commercial opportunity to establish a venture in an industry where output capacity is still minimal versus projected demand.

AltoVerde’s mission is to de-stigmatise and promote the acceptance and use of cannabis products amongst the medical community as well as the population at large. This will be achieved through scientific research and innovation, and by producing high quality cannabis-based medicinal, wellbeing and recreational goods.

With initial profit from the wholesale distribution of very attractively priced CBD, AltoVerde has branded cosmetic and wellbeing products in the pipeline and plans on applying for Novel Food certification. Furthermore, with strong connections in the medicinal cannabis world, the company intends to compete in the provision of medicinal grade cannabis to private cannabis clinics. Extraction facilities, laboratories and grow operations are in the planning stage with the company’s horticultural team.

Mitesh Makwana, AltoVerde’s chairman, explained:

“I have dedicated the past ten years to deepening my knowledge of cannabis cultivation, selective breeding, plantation management and seed production. Over that time, I have not only built up a bank of knowledge and of seeds, but I have also met and nurtured strong relationships with likeminded people. Consequently, I have been able to put together a really strong team here at AltoVerde that clearly sets us apart, each bringing their own particular set of skills and experience but all united by their passion for what this plant can do. I know that AltoVerde can be highly successful and really make a positive difference.”

In the fifth edition of the European Cannabis Report – produced by London-based advisory group Prohibition Partners – Europe’s cannabis market is estimated to be worth up to €2.4 billion by 2024:

About AltoVerde

Founded in 2020, AltoVerde Holdings Ltd is an emerging multifaceted cannabis company, integrating a network of partners and subsidiaries across Europe, and committed to the research, cultivation and distribution of a range of high quality cannabis products based on novel extraction techniques, and an extensive genetics library. The company’s founders enjoy long standing / well established reputations and relationships in the cannabis industry.

Contact details

Lindsey Cunningham
[email protected]
+44 (0) 207 867 3917