What is the main business of Medicann?

The main business activity of Medicann focuses on manufacture of oils and fats.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on August 1, 2019.

Where is the headquarters located?

The headquarters is located at: ul. Piękna 24/26A, 00-549 Warszawa.

What is the share capital?

The share capital of the company is PLN 10,000 (approx. $2,701).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2023 to December 31, 2023.

What was the revenue?

In 2023, the company generated total revenue of $10,730, representing a decrease of 80.1% compared to 2022.

No, the company recorded a net loss of $53,530 in 2023. For comparison, in 2022 the loss was $5,999, meaning the company increased its loss by 741.0%.

What is the main operating cost?

The largest operating cost category falls under external services. This category amounted to $43,640 in 2023, representing 76% of all operating expenses.

Medicannsp. z o.o.

Manufacture of oils and fats

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2019-08-01

Share capital

10,000.00 PLN

Activity description

Medicann produces hemp extracts, including CBD and CBN oils and hemp pastes. Its products are made from plants grown on certified organic farms, and the oils are offered in different CBD concentrations.

Registered address

ul. Piękna 24/26A, 00-549 Warszawa, Poland

Website

medicann.pl

Phone

Electronic delivery address

AE:PL-13527-35986-AIVRF-24

Financials

Revenue history (in k)

Filing timeliness

No financial statement for 2024 – the filing deadline has passed. 4 of 5 financial statements were filed late (the longest delay 651 days for 2022).

2024not filed
202326/04/2025
202226/04/2025
202129/10/2022
202010/12/2021
201926/06/2020

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2023.

Results vs industry

Revenue

This companyUSD 10.73kMedianUSD 422.25kAverageUSD 21.00m

Net profit

This companyUSD -53.53kMedianUSD -870.28AverageUSD 217.42k

Operating costs

This companyUSD 57.61kMedianUSD 399.38kAverageUSD 19.74m

Assets

This companyUSD 79.94kMedianUSD 557.51kAverageUSD 8.95m

Industry

Offer

CBD extracts
CBD oil
CBN oil
Hemp products

Website technology

Online shop

WooCommerce

Website

WordPress
Divi

Analytics and marketing

Google Tag Manager

Authorized Representatives

Rafał Borowski – President of the Management Board

Manner of representation

The President of the Management Board independently, or two members of the management board jointly.

Ownership

Owner	Shares	Share value	Stake
Rafał Borowskiage 51	1	$270.12	10%
Ryszard Eugeniusz Borowskiage 75	9	$2,431.12	90%

Ryszard Eugeniusz Borowski and Rafał Borowski hold a combined 100% – the ownership structure indicates family control.

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2019-05-06.

ING Bank Śląski
81 1050 1012 1000 0090 8072 0494
ING Bank Śląski
83 1050 1012 1000 0090 8094 8020
ING Bank Śląski
06 1050 1012 1000 0090 8072 0486

Debt

No entries in the National Debtors Register (KRZ).

Public aid

No public aid cases recorded in the last 10 years.

Competitors

Name	Revenue	Website
Fuelup Factorysp. z o.o.	$107,897.20	fuelupfactory.com
Medical Honeysp. z o.o.	$105,923.24	medicalhoney.pl
CBD Skin Expertsp. z o.o.	$104,188.75	cbdskinexpert.pl
White Wolf Foodssp. z o.o.	$63,426.90	white-wolf.com.pl
Naturalnie z Kotfinasp. z o.o.	$61,615.40	naturalniezkotfina.pl
Betterme.Biosp. z o.o.	$55,901.95	betterme.bio
Cannabis PolandS.A.	$55,015.30	cannabispolandsa.com
EssenzS.A.	$51,106.15	essenz.pl
Canna Hemp Labsp. z o.o.	$14,945.62	cannahemplab.pl