enua concludes 25 million euro financing with Deutsche Bank

The integrated provider of medical cannabis enua has concluded debt financing in the amount of 25 million euros. The financing is provided by Deutsche Bank and is the largest of its kind to date in the young German cannabis industry. The capital is to be used specifically for operational growth and possible company acquisitions.

Capital for growth without dilution

The decision to use debt capital was an easy one for enua. Growth is to be achieved from a profitable operational basis without compromising the company's independence under company law. By its own account, the company has been able to demonstrate sustainable and profitable growth over the past three years. The financing provides enua with additional room for maneuver in a market that is likely to face a consolidation phase in 2026 due to regulatory developments.

Focus shifts to international expansion

In parallel with the further expansion of its German business, enua is pushing ahead with its international expansion. In the UK, operational market entry is planned for the first quarter of 2026. The company is also examining potential acquisitions there. Poland is seen as a long-term growth market, with market entry planned for the end of 2026.

Strong market position in the product segment

enua is also maintaining its role in the product segment. In the Flowzz Ranking 2025, the most relevant market ranking of Germany's largest cannabis platform, the company took first and second place in the flower category. This underlines enua's strong market position in the medical segment.

Operational basis with high profitability

enua's growth is based on a robust operating performance. In 2025, the company generated sales of over 50 million euros, growing by a factor of 2.4 compared to the previous year. The ENUA and SLOUU brands moved a total of around 15 tons of product, almost two tons in December alone. This growth was achieved with a double-digit EBITDA margin.

Active role in market consolidation planned

Over the next twelve months, enua intends to further expand its vertical integration along the value chain, implement its expansion into the UK and prepare the next steps for the Polish market. At the same time, the company plans to play an active role in the expected consolidation of the German cannabis industry.