Tremendous opportunity to acquire an extensive vertically integrated Tier 1 Recreational Grow and MIPs license in Colorado. This business has been in the extraction industry since 2016, with a very loyal following of cannabis dispensaries across the state of Colorado. The acquisition includes all licenses, extraction equipment, and inventory. Trade secrets, brand, accounts and purchasing relationships will all be handed off as a part of the transition process. This state of the art carbon extraction manufacturing facility (MIPs) is currently producing both live, cured, and infused product lines, with a great mix of scalable products and niche high end products that further entrench the brands leadership. This business also does 3rd party processing for clients throughout the state. These relationships account for more than 45% of the overall revenue for the company. In addition, the business has a wide array of their own in-house products that they sell. The indoor recreational cultivation is within a separate building only two blocks from the extraction facility. The cultivation allows the company to generate wholesale revenue from flower sales and reduces their product and material expenses to maximize profitability of the MIPs business. Both buildings are currently leased. The Cultivation lease rate is $6,500 per month +NNN and includes use of the cultivation equipment. The MIPs building is $2,300 per month +NNN on a long term lease. The lease allows for an option to purchase the MIPs building.
