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Cannabis Entrepreneur Makes Between £1 Billion And £3 Billion A Year Selling Medicinal Marijuana

Cannabis Entrepreneur Makes Between £1 Billion And £3 Billion A Year Selling Medicinal Marijuana

When Maximillian White was approached in his Portuguese nightclub with an opportunity to open his own cannabis farm, he nearly turned it down because it 'wasn't his forte'. But, after doing some extensive research, the 40-year-old decided to part with €15 million (£13m/$18m) and four years later, he's making billions from the sale of medicinal marijuana.

The father-of-four is now making €2-4 billion (£1.7-3.5bn/$2.4-4.8bn) a year and has his sights set on using his laboratories to create tailored strains based on someone's DNA sample.

Speaking to LADbible from his home in Dubai, Max explained why he decided to take the plunge.

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"It was a natural way of me saving," he said.

"It was just something I could see myself making a lot of money from so for me it wasn't even a risk it was just a calculated investment."

Credit: Maximillian White
Credit: Maximillian White
Credit: Maximillian White
Credit: Maximillian White
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Talking about the process of selling to pharmaceutical companies, he went on: "Because we're a massive farm, they [pharmaceutical companies] will tell us exactly what strain, what kind of concentrated marijuana they want.

"We make sure we've got enough of them and they take it themselves. We're basically just a wholesaler for them."

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Max's company is 100 percent dedicated to the pharmaceutical market, so much so that they are currently formulating exclusive strains based on DNA samples.

He said: "We'll be able to send a swab to your house. And with the information from that swab, we'll be able to know what kind of problems you're going to have within the next 10 years and we'll be able to build a strain of marijuana especially for your body and your ailments over the next 10 years.

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"There will be an app that gives us second to second, minute to minute of your sleeping, your heartbeat, how you're dealing with the medication and the information will be sent back to us so we know where we can tweak it at a later date."

Credit: Maximillian White
Credit: Maximillian White
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If you were thinking of popping on a flight over to the Algarve (Covid-dependant, of course), buying a plot of land and growing some weed, it's not going to be quite as easy as that.

Max explained: "It's five years in the making. It's not an accident, there's been a lot of hard work there. I've taken a lot of risks that 99.9 percent of people wouldn't take. It's not the same as buying a little allotment."

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Speaking about the money he's bringing in, he added: "If we just look at one of our farms, we're looking to do 108,000 kilos a year. At €5 a gram it's about €540 million.

"That would be one of our farms. I have three, some bigger. I'd say I'm bringing in anywhere between €2 to €4 billion."

Anyone want to chip in for a cannabis farm in Portugal, then?

You can follow Max on Instagram here.

Featured Image Credit: Maximillian White

Topics: Interesting, Cannabis, Community

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Rebecca Shepherd

I'm Becky - a journalist at LADbible. I graduated with a First Class BA in Journalism before going on to cover criminal court cases, medical tribunals and breaking news for the national media - which inevitably and eventually became as glum as it sounds. Can often be found rocking a bag for life - which I made a 'thing' way before Rihanna. You can contact me at [email protected]