SOLD: Top-performing Canadian brands, listings, inventory & licensed facilities in SW ON & NS
Court-approved sale includes 3,000+ KG sellable flower inventory, 2 brands with 275 listings, 15,000 sq. ft. LP business in SW ON & 6,500 sq. ft. LP business in NS
Listing ID:
4292368563
Licence(s) Held:
Standard Cultivation, Standard Processing, Sale for Medical Purposes, Recreational Sales Amendment, CRA Licence
Listing Details:
Wholesale, branded, cannabis business reaching a $25MM annualized net revenue run-rate as of the last 6 months ending November 2022
L6M revenues have been constrained due to lack of working capital
Existing wholesale supply channels in place with all major provincial purchasing agencies, representing ~275 listings across 11 provinces and 3 territories as of the end of December 2022
Licensed cultivation and processing facility in Quebec.
Leased licensed processing facility in SW Ontario and wholly-owned licnsed production facility in Nova Scotia available to be acquired to complement the branded products platformMultiple US-based opportunities in a number of states
Opportunities to realize significant synergies: i) facility costs, ii) personnel costs (facility and sales), iii) production input costs
Asset optionality: either asset-light via only operating the branded products platform, or vertically integrated utilizing one or both facilities as an already installed supply chainUK-based CBD brand with multiple SKUs and Novel Foods
Facilities split into product-category dedicated rooms, outfitted for processing and packaging of flower and non-flower products
Licensed cultivator, processor and importer/exporter in Portugal.
Micro licence holder facilities in BC, Alberta and Saskatchewan
Standard licence holder facility in Maritime Province
Major extraction facility in a Western Province with solid sales