As the parent company of the LUXORA Group, LUXORA Holding AG consolidates leading innovators in the European cannabis market. Thanks to more than a hundred years of combined experience in the industry and extensive knowledge from the legalization processes in the USA and Canada, the LUXORA Group pioneers with innovative products and outstanding services.
The LUXORA Group has a global network of partners who contribute both products and expertise. Our companies connect the established markets in North and South America, from Canada to Colombia and the USA, with the growing markets in Europe, particularly Switzerland, Austria, and Germany.
With the potential to become one of the world's most important cannabis markets and even surpass the USA, the European market is on the brink of a significant upturn. Located in the heart of Europe, the LUXORA Group aims to bring together leading cannabis companies that focus on Europe.
Cannabis Industry in Europe: Current status
The cannabis industry in Europe is undergoing a transformative phase. With growing acceptance for medical applications and the push towards legalization for recreational purposes, the landscape is changing rapidly. Amidst individual legal situations and increasing demand, a market value of over 100 billion euros is projected by 2028.
OVER 50 BILLION US DOLLARS WERE GENERATED GLOBALLY WITH CANNABIS IN 2023.
OVER $30 BILLION IN THE USA AND OVER 8 BILLION IN EUROPE.
OVER 7 MILLION PEOPLE CONSUME CANNABIS IN GERMANY
OVER EUR 8 BILLION MARKET POTENTIAL IN GERMANY ALONE FOR 2024-2027
As part of its business strategy, the Luxora Group operates in the wholesale of CBD products and engages in the trade of exclusive CBD and THC genetics in Austria. Additionally, the group's portfolio includes services for future cultivation associations in Germany, as well as the offer to rent out complete production facilities to them.
Luxora Company structure:
Based in Nevada, the Company is a wholly owned subsidiary of CBD of Denver Inc., whose shares are traded on the OTC Markets (OTC: CBDD).
Luxora Holding AG
Based in Lachen, Switzerland, the company holds the shares of all operating subsidiaries in Europe and is a wholly owned subsidiary of LUXORA LLC.
Based in Berlin, this company is focused on operating state-of-the-art production facilities throughout Germany.
With its headquarters in Switzerland and a subsidiary in Vienna, Austria, HolistiCH GmbH specializes in genetic research in the field of cannabis and manages the wholesale distribution of CBD in Europe.
LUXORA Switzerland is a division of LUXORA Holding AG, specializing in the retail and wholesale of CBD products. Its product portfolio includes distribution and sales rights for well-known brands in the industry.