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Premium Producer of
Medicinal Cannabis Extracts


At Balcanns, we’re dedicated to producing low-cost, GMP-certified medicinal cannabis to supply the EU and other key markets with premium extracts.

We leverage our Canadian expertise and technology to produce industry-leading medicinal cannabis at our state-of-the-art facilities in North Macedonia.

North Macedonia is a globally competitive, low-cost jurisdiction that is in the process of entering the EU.

The country possesses an ideal climate for cannabis production and a strong history of commercial horticulture.

Combined with cutting edge production and extraction technologies, our goal is to produce and deliver unrivaled premium medical cannabis extracts to countries across Europe and around the world.


Our Offering

We’ve secured the rights to a 22-hectare/54 acre compound located near Prilep, North Macedonia.


We will leverage our Canadian expertise and technology to produce industry-leading medicinal cannabis at our state-of-the-art facilities in North Macedonia.


World Class Team

Balcanns is built from an industry leading team not often found in the Cannabis sector. Our team has extensive experience in Controlled Environmental Systems, Cannabis Production, and capital markets. Our team includes many Macedonians and Macedonian-Canadians who bring a deep understanding of the business culture and an extensive network in the country.

Opportunity in Europe

Europe possesses the largest medical cannabis market in the world

742 Million People

€2.3 Trillion Euro annual healthcare expenditure

€58 Billion in forecasted market value by 2028


Why North Macedonia

North Macedonia is strategically positioned to produce high-end, premium cannabis products at a low cost.

Benefits Include:

  • Potentially entering the EU & NATO
  • Low corporate tax rate (10%)
  • Favorable legal climate
  • Strategic geographic position: Well positioned to supply key European cannabis markets
  • Qualified labour force at globally competitive costs
  • 10th on World Bank ‘Ease of Doing Business’ List
  • Ideal climate for cannabis production

Success to Date

Balcanns has secured a large facility for growing and production

  • Over 22 Hectares in total
  • 6 existing concrete buildings
    • One building renovated for production

3 phase electricity already on site

Access to large supply of water

Strong relationship with key stakeholders in the Government built over several years.

Cannabis Growth Opportunity Corporation Announces New Investment in Balcanns

TORONTO, May 9, 2019 /CNW/ – Cannabis Growth Opportunity Corporation (“CGOC“, or the “Company“) (CSE: CGOC), a cannabis-focused investment corporation with both public and private cannabis holdings, is pleased to announce a new investment within its private portfolio in MKK Canada Corporation (“Balcanns“), a burgeoning cannabis supplier in North Macedonia. With the European cannabis market…

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