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OHIO Retail Licenses

1050 West 10th Street, Cleveland, OH, USA
APPLY FOR A BUSINESS LOAN
Cannabis Businesses For Sale | Cannabis Business Licenses For Sale

Listing ID : 847558

Listed On September 3, 2024 View Count 25

Listing Updated September 3, 2024

Status :
Price :
$30,000,000
Business Overview :
Inventory Included:
No
Accounts Receivable Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
No
Outstanding Liabilities & Debts:
No
Growth and Expansion Opportunities:
Additional retail location available
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use, Medical
License Activities:
Retail / Dispensary
Business Location Details :
Business Location:
Owned - Included in Purchase Price
Terms :
Financing:
Cash, Financing , Owner Financing
Broker Co-Op:
No
NDA Required:
Yes
Reason for Selling:
Focused on other markets
Company Overview :
Description :

Two retail locations in prime locations.  This opportunity includes the licenses and the real estate for these locations, each location is expected to produce 12 – 15 M USD annually. 

Overview of Ohio Cannabis Market
Ohio’s cannabis market has seen rapid growth, driven by strong demand in both the adult-use and medical sectors. With
a population of over 11 million and a steadily increasing number of registered medical patients, the state presents a
significant opportunity for cannabis retailers. Ohio’s market is expected to reach several billion dollars annually, with
continued expansion driven by adult-use legalization.
Key Market Insights
• Growing Demand: Ohio has over 380,000 registered medical marijuana patients, with adult-use expected to
attract a broader customer base.
• Limited Licenses: The state has capped the number of dispensary licenses, ensuring limited competition and
high customer traffic for existing licensees.
• Strategic Expansion: With medical cannabis already established, Ohio is poised to follow in the footsteps of
other states by fully legalizing adult use, leading to a substantial increase in market potential

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FunkSac
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