, Arizona 8 views 0 favorites
Extremely unique opportunity to acquire or invest into a dual licensed marijuana (medical & recreational) and hemp CBD industry. The seller, based in Arizona, is a national, highly recognizable, fully integrated licensed cannabis (marijuana & hemp) manufacturer, who also distributes medical and recreational products. Manufactured goods produced include but are not limited too;marijuana THC & hemp CBD: tinctures, salves, balms, lotions, sprays, capsules, vapes, gummies, bath bombs, bath salts and face serum & creams. Marijuana thc products are sold through seller's licensing partner dispensary as well as in 30 licensed dispensaries throughout the state of Arizona. Hemp CBD is also sold/distributed to brick/mortar retailers as well as direct to consumer online. Doctor/Scientist founded the company in order to fulfill the need for high quality products, which stand apart from other products in the industry. The seller has consistently grown its net revenues with minimal marketing, through word of mouth, while at the same it has kept its costs low with efficient operations and procedures. 50% of purchase price up front and Seller will carry the remainder for 2 years at 7% interest. NDA and POF Required. Location: Arizona Year Established: 2010 Number of Employees: 3 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 2,000 Rent: $17,500.00 Per Month Facilities: Seller rents approximately 2500sqft of manufacturing and distribution space for $2,500 per month including utilities. In addition, a licensing/management fee of $15,000 is in place with our partnering licensed Arizona dispensary, to manufacture marijuana thc (medical & recreational) products under the dispensary and then distribute them at the dispensary and to approximately 30 dispensaries throughout the state of Arizona. This arrangement has been in place for over 6 years and can be renewed or terminated by the buyer. Market Outlook/ Competition: Since its founding, Seller's brands have received multiple awards and recognition for their uniquely formulated health and wellness products. Founder holds a Ph.D in Applied Sciences & Doctorate in Health Sciences. 10+ Years of research went into developing proprietary formulations that are unique to these brands, which are extremely difficult to reverse engineer. Seller also holds one of the 1st federally trademarked cannabis brand names and is locally trademark protected in Arizona. Growth & Expansion: Company is owned by a Scientist, not a businessperson. Growth in sales has been organic through word of mouth and awards/articles. There has been no sales staff, marketing budget, SEO for website sales. Implementing a sales and marketing budget/team would be the next logical step to achieve higher sales and more accounts. Expanding to other states, distribution deals, franchises or licensing deals are all possibilities that should be considered by a new buyer. Seller recently expanded into the Missouri cannabis market adding futher value to the company.
Listed: Apr 20, 2022
Updated: 5 hours ago
Views: 8
Favorites: 0