Cannabis & Hemp Insurance
Price : $299,000
Status : ACTIVE
Cannabis or Hemp Use Allowed? : Hemp
Sale Type : Cash, Owner Financing
Company Name : Cannabis Business Brokers, Inc.
Phone : 518-321-3708

This completely online company has an established brand that markets health and wellness products containing only CBD (no THC), through its website and two dozen  pharmacy and retail outlets in Louisiana. There is a fully developed front end business with a complete website/shopping cart in place. As a direct sales company, with a third-party fulfillment center handling logistics, the new owner can focus on expanding the sales team and marketing efforts nationally. Included in the assets being sold is approximately $650,000 of inventory valued at retail. The Company  grossed over $120,000 during 2020.  In Louisiana, to sell hemp-derived CBD products, a retailer must first be licensed by the Louisiana Office of Alcohol and Tobacco Control (ATC). The Company is licensed by the ATC to sell all its products.    Due to the ATC licensing requirements imposed in 2019,  there are now fewer retail businesses selling CBD products in Louisiana; and application processing times have increased. The CBD market is projected to reach up to $20 billion by 2024 according to well-known financial publications, although there are thousands of CBD companies, with hundreds of new companies each month. Owner willing to take a short-term, credit worthy note for part but not most of the purchase. Fulfillment center is provided by a third party logistics company in Utah. Has national trademark for the business name.  No facilities. Owner willing to train Buyer for a transition period.  NDA and POF required.

AD: Massive Cannabis Complex For Sale – San Bernardino County | $109,000,000
2021 On Pace Revenues $29M, EBITDA $20M. Unique opportunity for a one-of-a-kind ±44,500 sq. ft. industrial property, located on 4.68 Acres, located in an opportunity zone of San Bernardino County.
Call Drew Mathews at (619) 653-0483 for more info.
DRE CA LIC# 02091143
Contact Listing Owner
Cannabis & Hemp Banking
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