The Dispensary has been in operation for over 12 years and is licensed for Retail, Cultivation, Distributor, Manufacturing and Retailer Non-Storefront. Currently only the Retail is in operation. Addition of the other licenses (That the city is currently reviewing architectural plans), will add a significant increase to the current revenues.
Market Value for all Licenses (Retail Storefront, Retail Delivery, Cultivation, Manufacturing and Distribution and you have licenses for both Medical and Recreational is going between 5M to 5.5M for just paper with zero revenues. By simply implementing the Delivery service, the business can bring in an additional $8mil alone. An average delivery service does between 150 and 200 deliveries a day, a really good one will do between 250 and 400 a day. Average ticket on deliveries are higher than storefronts, industry average is 110 per order. At 200 deliveries a day at the $110 average order, the Delivery can provide an additional $8M in revenue per year which they have not started yet.