Hilltop Leaf raises in excess of £2km in funding round
Medical cannabis cultivation and extraction business, Hilltop Leaf Holdings has exceed its target of raising £2 million capital to fund growth and development of Scotland’s first legal medical cannabis farm.
Hamish Clegg, co-founder of Hilltop Leaf said: "We are delighted to have such strong support from our new shareholders in our EIS seed round. The funds have specifically contributed to the early construction of our facility enabling us to capitalise on the £735,000 grant from South of Scotland Enterprise awarded in 2020."
Working towards supplying the market in by 2022, Hilltop Leaf aims to play a leading role in the provision of full spectrum cannabinoid oils, APIs and cannabis based medicinal products.
Prof Mike Barnes said, ‘We are really pleased to be working with the HillTop team and we look forward to them being one of the first UK medical cannabis producers which will bring so much benefit to so many ten of thousands of people.’