Posted on September 14, 2022 / 73Listing ID: 454934APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $2,750,000
Company Name : Humboldt Distribution Company - Essence of Humboldt
Phone : 8587508093

This is a great opportunity to own a revenue producing cannabis business in the famed Humboldt County. The Company, founded in 2017, is strategically located in the heart of the emerald triangle (Humboldt, Mendocino, and Trinity Counties) with over 250 direct farm relationships.  The Company manufactures branded and white-label products as well as currently distributes bulk raw materials (flower, trim and biomass) to more than 95 sales accounts throughout California. The Company operates as a full-service cannabis distributor and manufacturer, providing: 


  • Procurement – Sourcing raw materials including flower, smalls, and biomass

  • Manufacturing – Manufacture oil for vape and edibles

  • Packaging – Retail products for in house brands

  • Testing – Facilitate 3rd party testing for in house products and local farms

  • Transportation – Manage logistics for bulk products to clients throughout the state


The company is operated by 2 founders and 4 employees (Manager, sales, admin, and procurement) along with 2 temporary employees for local transportation. All statewide  transportation is handled by the transportation company located in the building.

The Company’s Founders seek to sell the Company to a strategic partner with access to capital to capitalize on its existing foundation to facilitate its further growth. The Founders are willing to offer 6  months’ post sale support. The Founders do not plan to stay onboard after their obligations are fulfilled. They are looking at other investment opportunities outside of the cannabis space. 


The Company grew significantly from 2020 to 2021; and, despite market issues in California that have depressed general business year to date, the Company still expects a profitable 2022 – because of cost rationalizations.  Note that any positive market changes and/or permitting of the Company’s new extraction process or scaling of in house brands should enhance 2022 Revenues. Current 2022 revenue expectations exceed 3.2m with plenty of room for growth. 


  • Opportunities to add additional revenue:

    • Expand product line sales on upper and lower demographic brands

    • Increase current bulk sales

    • Add toll processing, co-packing services and white label product services

    • Build out kitchen to add edible line

    • Offer b2b transportation services throughout california

    • Offer retail distribution services in northern california

    • Expand manufactured product lines 

Humboldt Distribution Company is the distribution company with an active annual state license #C11-0000309-LIC and has been licensed since 2019. The company’s main revenue stream is from bulk sales. This is due to sourcing products mainly in the northern california region. To increase margins and add additional revenue it has recently launched 1 of its 2 in house brands. With direct access to over 250 farms the company has significant access to raw materials to fulfill its branded retail product needs.


Essence of Humboldt is the manufacturing arm with an active state annual license #CDPH-10003066 and has been licensed since 2018. It is currently awaiting approval of a new extraction technology. Previously the company was focused on producing bulk distillate but has since switched gears to focusing on bulk full spectrum oil. The company is 30-60 days away from getting local and state approval on the new machinery. It will be one of the only companies in the state with this particular large scale technology. This will significantly lower the cost of production while increasing margins of the bulk full spectrum oil. This will allow the company to be highly competitive and profitable in that category. This product will also be featured in the company’s in house brands and sold in bulk to preferred partners.

Brands included in sale

Humboldt Origins – – Value Brand targeting younger demographic

Liv Humbl – www.LIVHUMBL.COM – Premium Brand target upper demographic – Trade marked in 3 categories

Executive Management believes the Company will be attractive to:

  • Companies looking for direct access to bulk raw materials

  • Local (Humboldt County) companies looking to be more vertically integrated

  • Cultivation companies looking to add manufacturing and distribution to increase margins

  • MSO’s looking for a foothold in the California market strategically located near a large number of licensed farms with existing relationships. 

  • Southern California-based companies seeking greater access to the northern California supply chain. 

Location : Humboldt (Eureka)

  • Space: 9,120 SqFt

  • Rent: $16,000/month

  • Long Term Lease In Place

  • 2021 YTD Gross Revenues: +$3.5M

  • Licenses: Manufacturing Type 6  & Distribution Type 11

  • Sale Price: 2.75m

Founders are looking for a full cash offer but may entertain reasonable terms. The sale will include all current companies (4) which include (2) active plant touching licensed companies, an asset holding company and payroll company. Included in the sale is all equipment owned by company and brands.

The new extraction machine awaiting local approval is not owned by the company but part of a strategic partnership under contract and not included in the sale, but the contract is transferable to new buyers. 

This sale also does not include real estate but the owner is open to selling with the businesses. New buyers can negotiate directly with the property owner. Estimated property value is 1.5m-2m. Currently the companies have a 5 year lease recently renewed at a rate of 16,000 per month.

NDA and POF is required prior to the release of financials. The founders will be facilitating the sale with outside counsel. Brokers are welcome but the founders are not interested in signing any exclusivity agreements.

To see interior of the building please check video’s in google drive link.

***Take into account that this video was filmed right after the buildout was finished and machines installed. We have sold some of those machines and in process of selling the others as we await approval on new machine. ***

New machine is proprietary and information will not be released until NDA is signed and LOI is in hand. Drive link below. 

If you would like to see the sales deck please reach out to Edward – or call 858-750-8093


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