This turnkey state-of-the-art facility makes full use of 2 Tier 3 producer licenses with 60,000 sq ft of canopy within a 110,300 square foot production facility to produce a wide range of high-quality cannabis products including a few celebrity brands. Production facilities are modern and extremely efficient allowing the company to produce some of the lowest cost-cannabis in the state. This efficiency advantage is expected to widen as the cost of inputs increases. Financials and production numbers show a strong trend of consistent growth year over year. The buildout for the second license is a blueprint that can be repeated with the acquisition of additional licenses and management expects that each such facility could yield a return on investment of approximately 100% per annum.
A recognizable and highly regarded brand along with a strong sales team with relationships with 100+ dispensaries across the state allows should inspire confidence for further expansion of production capacity for any acquirer.