
Listing ID : 573495
Posted on June 30, 2023 19
Seller manufacturers a full line of popular mesh extractions bags and accessories used in the cannabis ice water extraction process, a solventless method of making hash and rosin. Seller’s most popular selling bags are full mesh and have a lock top design that secures along the top rim of any sized bucket, barrel or vessel, for which there is a patent pending. Seller also has a patent pending on hard wired framed full mesh bags, which provides for ease of use, and are in strong demand. Other products include zippered washing machine bags, insulation jackets for barrels and custom made orders. Founded in 2010, Seller’s bags have won awards and are widely used in the Cannabis Industry. Seller’s legacy and professional grade products are purchased by loyal and repeat customers. All bags are manufactured in the US using Seller’s SOPs, by a long standing third party contractor. Seller stores its inventory and processes orders for shipping at a location in Los Angeles, which can easily be moved to a Buyer location. Seller is the gold standard for full mesh bags in the Cannabis Industry, although cheaper and lower quality bags have entered the market, copying Seller’s original designs for lock top full mesh bags and hard wired framed full mesh bags. Seller expects two patents to be issued over the next year which will prevent the infringement of its original designs and likely result in less competition for these particular products. Seller has access to hundreds of loyal and long standing cannabis industry customers, presenting rich opportunities for cross selling other products, including Buyer’s products. Seller is adding its own line of stainless steel vessels (with accessories) and sift frames to its product mix. Seller is planning to resell third party wash machines, kief systems and freeze dryers. Inventory of $300,000 is included in the purchase. NDA and POF required.
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