Symtomax, established two years ago in Portugal, is majority owned (64.24%) by two foreign entities, the Ruby Global Foundation and the Good Will Universal Foundation, both located in Panama. Headquartered in Porto, the company says it has one of the largest licensed areas in Europe, with 105 hectares in the Beja region, 95 of which will be approved for cultivation. Led by Minette Coetzee, the company announced last March that it has received authorization to build facilities from the Portuguese authorities, where it expects to employ 70 people.