Posted on August 21, 2021 / 18Listing ID: 276884APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance

Established in 2018, is a vertically integrated industrial hemp company with operations in CO and KY. From seed to sale, the company handles it all. The company has 300L CO2 CBD extraction/ distillation equipment in 8600 Sq. ft. industrial building in Delta, Colorado; Alcohol Extraction/ distillation equipment along with Indoor Hemp Clones in 14,000 Sq. ft facility in Louisville, Kentucky. Besides growing Smokable flowers at Louisville facility, The company has been cultivating Hemp on 80 acres (out of 300 Acres) in Gravel Switch, Kentucky for 2 seasons. The company planned Indoor Hemp and Greenhouse facility along with packaging of own branded CBD Products (CBDboost) at 62,000 sq. ft La Junta, CO facility. Some of the equipment purchased in 2020 is still in Boxes at Delta Facility.

The company had been looking for an established manufacturer and distributor based in the United States last year that would mutually benefit from incorporating high-quality CBD isolate / distillate into their product line. It was not successful. Then over and above, the price of Hemp and CBD slumped leading to the Company closing their Delta, CO facility in June 2020 and planned not to cultivate Hemp in 2021; currently only growing smokable Hemp Flower with skeletal crew.

With the turn around in the Hemp Industry this might just be the time to get in and turn the company around. Originally listed for $30 mill. The owner is willing to sell assets at cost for roughly $15 mil.

This includes the following assets:


Delta, CO – 300L CO2 Extraction equipment, VTA-70 and Interchim HPLC,

Short path dist., Rotovaps, Cutters, Dehumidifiers, 48 tray ovens, Vacuum

Filtration systems and other industrial equip. $3 mil

Louisville, KY – Ethos – 6 from Capna Alcohol Extraction, 150L Glass Reactor

distillation, 48 trays 300-degree ovens, destemer, Vacuum oven & other indus.

Equip. $1 mil

Louisville, KY – 4000 sq. ft Indoor Hemp Clones area with 72 Fluence VYPRx LED

Lights, Water purification system, 20 dehumidifiers, 30 Ton A/C, hundreds shelving.   $0.5 mil

Gravel Switch, KY – Farm Equipment including high power tractors and other

Farm equipment, Irrigation pipes & pumps, 1200 sq. ft mobile home. $1 mil

SUB TOTAL:     $5.5 MIL

Real Estate:

Delta, CO – 8200 Sq. ft. Industrial Building on 5 Acres Land at 1760 Gunnison Ave, Delta, CO 81416. $1 mil

La Junta, CO – 62,000 sq. ft Industrial Building with parking lot for 70,000 sq. ft.

Greenhouse at 27496 Frontage Road, La Junta, CO 81050.  $2 mil

Louisville, KY – 16,000 Sq. Ft. Industrial Building with Fenced parking area for

20,000 sq. ft Greenhouse at 4110 Algonquin Pkwy, Louisville, KY 40211.  $1.5 mil

Gravel Switch, KY – 309 Acres Agriculture Farm with 200 Acres Usable Hemp Farm with 12,000 sq ft Greenhouse and 3000 sq ft Home at Gravel Switch (Marion/Boyle   Counties) KY.  $3 mil

SUB TOTAL      $7.5 MIL

Ask: $15 MIl. OBO. (Bank willing to lend $10mil for assets).

Fully Vertically Integrated Cannabis Cultivation, Manufacturing, Distribution, And Retail Business For Sale (San Jose, CA)
Asking Price: $18.9M (Sellers Open to Offers) VIEW LISTING
Contact Listing Owner
Cannabis & Hemp Banking
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