Posted on May 16, 2022 / 154Listing ID: 399276APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $4,000,000
Status : ACTIVE
Size : 1880
Lot Size (Acres) : .5
License Type : Medical & Recreational
Utilities : Water, Electricity, Gas, Sewer, Trash
Sale Type : Cash, Owner Financing

This established business is a Cannabis Concentrates Manufacturer and Wholesaler producing and distributing the highest-quality concentrate products for the medical and recreational markets in Colorado. The family-owned business was the brainchild of 2 corporate senior managers who sought to bring their professionalism to an industry in it’s infancy to create a sustainable and profitable business which would distinguish itself as a producer of the highest purity quality products supported by outstanding customer service. Products are currently sold under 3 brand names and has received numerous product quality awards most recently in March 2022.

While the business realized significant year-on-year growth in 2021 it did so purposely while protecting its margins and not participating in the ‘race to the bottom’ which many in the industry segment have done by discounting prices to grow market share, which has resulted in the same businesses ceasing to exist. This is a very stable, predictable, and profitable business with a loyal and seasoned team in place and which is positioned for sustained future performance.

In addition to manufacturing its own proprietary products the company also processes raw materials into finished product for certain Dispensary customers.
The company has made significant capital investment in production facilities to expand capacity four-fold making this an extremely attractive acquisition for an existing or new company seeking to expand within the Colorado marketplace. The company has steadily grown it’s revenues since it’s inception with year-on-year 2021 to 2020 revenue growth of 77%. In addition there remains significant growth opportunities supported by its existing production capacity which can support a 3-fold increase in revenues.

The business has both Medical and Recreational MIP licenses as well as cultivation licenses which will provide a smooth path to vertical integration. In addition, the Seller will entertain up to 10% Seller Financing for a well-qualified Buyer.

Due to the nature of the industry and the lack of access to business acquisition capital by traditional lenders, Proof of Funds will be required by interested parties in conjunction with the completion of a Non-Disclosure Agreement.

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Cannabis & Hemp Banking
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