Posted on January 18, 2022 / 156Listing ID: 312379APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $1,824,000
Status : ACTIVE
Cannabis or Hemp Use Allowed? : Cannabis
License Can Be Moved to Another Location : Yes
License Type : Recreational
City Tax Rate : Denver
Sale Type : Cash
Company Name : Ajax Real Estate, LLC
Phone : 303-549-4182

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.

 

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Cannabis & Hemp Banking