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10371757893

Dynamic cultivation, extraction & manufacturing LP operating from 24,000 ft.², purpose-designed, leased facility in BC producing dried flower, bulk isolates, concentrates, vapes, tinctures, pre-rolls & more

Licence(s) Held:

Standard Cultivation (Indoor + Outdoor), Standard Processing, Recreational Sales Amendment (All Categories), Industrial Hemp License, CRA Licence and Ethanol User license

10371757893

Seeking outright or partial sale of the LP business ($6.5M valuation – 51% for $3.5M), assumption of lease, and option to purchase the real estate

  • Fully operational, dynamic, 24,000 ft.² facility comprised of 7 total cultivation rooms, 4 extraction/post-extraction rooms, 4 processing/packaging rooms, 2 large secure storage rooms, separate shipping/receiving areas, office area and more

  • Facility has 8,000 ft.² of expansion space on the second level and sits on 37 acres, complete with a 3-acre licensed cultivation area & 8 seasonal greenhouses

  • Currently undertaking vertical craft cultivation, two forms of extraction including hydrocarbon, manufacturing, packaging, B2B/B2C sales and distribution for own brand/products and multiple LP clients, with sales into six Provinces

  • Cultivation production capability for the facility is approx. 1,800 kgs/annually

  • Extraction capacity is approx. 5,000 kgs/monthly on a single shift

  • Company has 30+ registered strains in their genetics library

  • $8 million revenue generated in 2022 with $12 million forecasted for 2023

  • Total invested in property, capital improvements and equipment are ~$10 million

  • Building Permit in place for additional 12,000 ft.² processing/extraction building on the site

  • Staff are fully engaged and willing to stay on and owners are willing to stay on and help operate the business as needed

  • There is a potential option to purchase the fully built-out cannabis facility

  • Seeking outright or partial sale of the LP business ($6.5M valuation – 51% for $3.5M), assumption of lease, and option to purchase the real estate

10371757893

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