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Oklahoma/ Texas Border Dispensary

316 Boat Club Road, Cartwright, OK, USA
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  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Oklahoma/ Texas Border Dispensary
  • Oklahoma/ Texas Border Dispensary
  • Oklahoma/ Texas Border Dispensary
  • Oklahoma/ Texas Border Dispensary
  • Oklahoma/ Texas Border Dispensary
  • Oklahoma/ Texas Border Dispensary
  • Oklahoma/ Texas Border Dispensary
  • Oklahoma/ Texas Border Dispensary
  • Oklahoma/ Texas Border Dispensary

Listing ID : 909243

Listed On August 17, 2025 View Count 464

Listing Updated August 19, 2025

Price :
$750,000
Business Overview :
Gross Revenue:
$942,065
Year Established:
2022
Number of Employees:
5
Inventory Included:
Yes
Estimated Value of Inventory:
$28,572
Accounts Receivable Included:
Yes
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$20,000
Outstanding Liabilities & Debts:
Yes
Growth and Expansion Opportunities:
Recreational Legalization in 2026: Oklahoma voters will decide on recreational cannabis in 2026, creating a prime two-year runway for new ownership to strengthen operations, audit books, and prepare for exponential demand by 2027. High-Traffic Border Location: Just minutes from Texas, where reciprocity allows out-of-state patients to obtain Oklahoma cards, giving access to a massive pool of qualified medical buyers. Vertical Integration Potential: Current ownership is not vertically integrated; pairing cultivation/processing with retail would significantly increase margins. Event Venue Synergy: Adjacent event space with food truck park offers unique branding, marketing, and entertainment opportunities — concerts, festivals, and cannabis-friendly events can drive substantial new traffic. Tourism & Lifestyle Growth: Located at the entrance of state parks and a busy commuter corridor, positioning is ideal for brand visibility and consistent new-customer flow.
License Details :
License Status:
Active – Current
License Type:
Medical
License Activities:
Retail / Dispensary , Event
Business Location Details :
Business Location:
Owned - Included in Purchase Price
Rent:
$2,300
Facility & Tenant Improvements:
The offering includes a half-acre lot with a recently improved 800 sq. ft. dispensary building and parking for 25 vehicles. Utilities include electricity, city water, sewer, and garbage services. The property is accompanied by a hard-to-obtain state fire marshal Certificate of Occupancy, already in place. Neighboring the dispensary is an established event space and food truck park, creating additional value and cross-promotion opportunities.
Number of Parking Spaces:
25
City Cannabis Tax Rate:
5%
Size:
800 Sq. Ft.
Lot Size:
.5 Acres
Utilities:
Electricity, City Water, Sewer, Garbage
Terms :
Financing:
Cash, Owner Financing, Joint Venture, Other
Broker Co-Op:
Yes
NDA Required:
No
Support & Training Offered:
Current ownership will provide a full transition package including staff training, operational handoff, compliance processes, and introductions to vendors, accountants, and suppliers. Management is available for continued consultation or short-term oversight if desired by the buyer.
Reason for Selling:
After investing heavily to establish the business during Oklahoma’s regulatory transitions, ownership reached break-even but continues to face federal tax challenges and limited vertical integration. Rather than continue to operate lean, ownership is seeking a buyer with the capital, systems, and scale to realize the full potential of this location and prepare for the 2026 recreational market. This sale includes everything — the business, brand, real estate, inventory, FF&E, and event synergy — making it a complete turnkey opportunity.
Company Overview :
Description :

Established in 2022, this Oklahoma/Texas border dispensary offers a rare turnkey opportunity in one of the most strategic retail cannabis locations in the state. Positioned less than five minutes from Hwy 75/69 and just steps from the Denison Dam and Burns Run State Parks, the business captures consistent tourist and commuter traffic from North Texas (population 100,000+). Only 15 minutes from Choctaw Casino, and larger population center in Durant. The operation includes a half-acre property, 800 sq. ft. building, state fire marshal Certificate of Occupancy (33 months to secure), new fire alarm system ($10,000) required by state, digital Kissan Smart Safe (all cash in / no cash out dispensary), brand assets, and licenses.

The dispensary opened in July 2022, just as Oklahoma transitioned to the METRC compliance system, creating an uphill launch in a tightening market. Despite early cash burn, the business reached break-even by the end of 2023 and has operated compliantly since. With a loyal customer base, high-traffic location, and adjacency to an established event venue (hosting acts such as Afroman, Devin the Dude, and Casey Daniels Band), the business is primed for scale. This is a full-package offering including real estate, licenses, inventory, FF&E, brand, and State Fire Marshall issued “certificate of occupancy “— ready for an MSO, multi-location single-state operator, or seasoned group seeking to expand into Oklahoma. Really ideal for someone who’s vertically integrated and/ or with buying power, looking to expand their distribution into southern Oklahoma. 

Asking $750,000. Willing to negotiate terms with the right buyer, including cash, owner financing, or joint venture structures.

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