Listing ID : 856747
Listed On April 7, 2025 682
Listing Updated April 18, 2025
- Asking Price: $2,500,000 (Motivated Seller, Welcome All Offers)
- Referral bonus also offered for completed sale.
- MASTER GROWER/CURRENT OWNERSHIP MENTORING, MARIJUANA HYDROPONIC CULTIVATION SECRETS, AND CANNABIS MARKET INSIGHT INCLUDED IN THIS DEAL
- Both Owner and/or Private Lender Financing Available
- Further business details including accounting, taxes, and facility tours are offered upon request and signed waiver/NDA.
For more information, contact Ross at 401-524-0281 or [email protected]
Extraordinary opportunity to purchase vertically integrated and fully operational cannabis business located in Somerset County in the heart of Maine, a region boasting a population of over 50,000 residents. The business, which is established and has been growing a loyal customer base including >30 unique dispensary customers over the past 2 years, includes licensure for tier 2 cultivation (up to 2,000 square feet of plant canopy of mature adult use cannabis plants), manufacturing, and an adult use cannabis storefront. In the previous year, 2024, the combined gross income from the business was approximately $1.3 million, showcasing the potential profitability and growth of this investment.
This transaction is not only about the cultivation, manufacturing, and adult use retail business but also includes the real estate and hydroponic cultivation equipment, adding substantial value (total insurance valuation greater than $4.0M) to the deal. The brand, the inventory, and an extensive book of business are also part of this package, allowing the new owner to hit the ground running, leveraging the established reputation and customer loyalty.
With no outstanding liabilities or encumbrances, this opportunity represents a seamless, ‘plug-and-play’ transition for the new owner. This comprehensive package stands as a fantastic addition to an existing cannabis portfolio, or an ideal entry point for a new investor seeking a foothold in the lucrative and growing cannabis industry.
Details:
Tier 2 Hydroponic Cultivation/Manufacturing Facility
Established 2022
Real Estate Value: $1,500,000
Rent: N/A (Real Estate Included)
Capital Invested: $500,000
2024 Gross Revenues: $850,000
Employees: 6
Inventory System: Flourish
Adult Use Retail Dispensary
Established 2022
Real Estate Value: $550,000
Rent: N/A (Real Estate Included)
2023 Gross Revenues: $450,000
Employees: 2
POS System: Flowhub Maui
Adjacent Land Parcel for Future Development
Lot size: 18.94 acres
Real Estate Value: $50,000
Rent: N/A (Real Estate Included)
Active Maine Adult Use Cannabis Licenses
1. Tier 2 Cultivation License: Purchase marijuana plants and seeds from other cultivation facilities; to cultivate, prepare and package adult-use marijuana; to sell adult-use marijuana to products manufacturing facilities, to marijuana stores, and to other cultivation facilities; and to sell marijuana plants and seeds to other cultivation facilities and immature marijuana plants and seedlings to marijuana stores.
2. Products Manufacturing License: Purchase adult-use marijuana from a cultivation facility or another products manufacturing facility; to manufacture, label and package adult-use marijuana and adult-use marijuana products; and to sell adult-use marijuana and adult-use marijuana products to marijuana stores and to other products manufacturing facilities.
3. Adult Use Retail Store: Purchase adult use marijuana, pre-packaged retail units of marijuana flower and marijuana trim, immature marijuana plants and seedlings from a licensed cultivation facility; Purchase packaged adult use marijuana and adult use marijuana products from a products manufacturing facility; Sell consumable products not containing marijuana, including, but not limited to: soft drinks, candies and baked goods.
Asking Price: $2,500,000 (Motivated Seller, Welcome All Offers)
According to data from Maine’s Office of Cannabis Policy, nearly $243,916,000 worth of cannabis products were sold at adult use retail facilities in 2024. That’s compared to nearly $216,900,000 in 2023, $158,900,000 in 2022, and $82,000,000 in 2021.
For more information, contact Ross at 401-524-0281 or [email protected]
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