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Cannabis Analytical Testing Laboratory

Southbridge, MA, USA
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  • Cannabis Businesses For Sale | Cannabis Analytical Laboratories For Sale
  • Cannabis Businesses For Sale | Cannabis Analytical Laboratories For Sale
  • Cannabis Businesses For Sale | Cannabis Analytical Laboratories For Sale
  • Cannabis Businesses For Sale | Cannabis Analytical Laboratories For Sale
  • Cannabis Businesses For Sale | Cannabis Analytical Laboratories For Sale
  • Cannabis Businesses For Sale | Cannabis Analytical Laboratories For Sale

Listing ID : 502267

Posted on June 2, 2023 View Count 407

Price For Sale:
$200,000
License Type:
Recreational , Medical, Medical & Recreational
Terms of Sale:
Cash, Financing , Owner Financing, Joint Venture
Company Name:
LabX Group, LLC
Phone:
201-923-1428
Email:
Info@greenlightbizsolutions.com
Description :

What is included in the sale:

  • Provisional License Suite (to include the following)
  • Special Permit
  • Host Community Agreement
  • LLC Business entity
  • Consulting Services (assist with transfer of ownership with regulatory bodies)

What is NOT included in the sale:

  • Location
  • Buildout 

  • Instrumentation 

Why Purchase a Cannabis Lab?

  1. Lab testing is projected to be one of the most stable segments of the cannabis industry.

  2. Analytical Lab testing is the only cannabis model NOT subject to IRS tax code 280E (not unfairly taxed like other cannabis businesses).

  3. As of August 2022 the State of Massachusetts recreational cannabis industry has generated $3.45 billion in about 3 years.

  4. The Massachusetts Cannabis Control Commission has approved approximately 435 Cannabis licenses of which less than 1% are active Cannabis Testing Labs. This has created a testing backlog and a fantastic business opportunity in a highly regulated market.

  5. The Lab is a minority-owned business in the Cannabis Analytical Lab space.

  6. The project is centrally located within the state of Massachusetts.

Asking Price

The Asking Price range is negotiable and contingent on the terms of the sale.

Provisional License Suite ($250k, 50% financing  for one year) ($200k cash)
(OPTIONAL) Real Estate Purchase $1.6MM

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