Dynamic, custom-built cultivation & processing facility, multiple SKUs, brand, ~$10M annualized revenues & expansion capability in NS
Purpose-built, fully-owned ~25,000 ft2 cultivation & processing facility sitting on 10 acres of land in an industrial park, featuring a popular brand, multiple SKUs listed in 9 Canadian provinces, annualizing at ~$10M revenue, offering a turnkey, differentiated business model in a sought-after Canadian market
Listing ID:
21659750029-B
Licence(s) Held:
Standard Cultivation, Standard Processing, Sale for Medical Purposes, Recreational Sales Amendment (all categories) and CRA Licence
Seeking outright divestiture of licence, equipment, going-concern business, brand and wholly-owned facility. Open to reasonable offers!
Listing Details:
Purpose-designed, fully built-out and wholly-owned indoor ~25,000 ft2 licensed cultivation facility sitting on 10 acres of land, offering a turnkey opportunity for premium flower production, processing/packaging and sales/distribution in Nova Scotia and 8 other Canadian provinces.
Main floor is comprised of 10 grow rooms, mother room, clone room, veg room, drying and trimming rooms, processing spaces for packaging, extraction, and cannabis infused products, secure storage, shipping and receiving area, and office and non-cannabis related areas
Second floor consists of 4x manager/supervisor offices, multiple workstations, meeting room, kitchen and security/server room
Current flower production is ~1000 kg annually and can be ramped up to over 1,500 kg annually within built-out cultivation spaces
The total THC content for the top strains ranges from 30% to 34%, with terpene levels between 4% and 6%.
Company annualizing at approximately $10 million in revenue
Dominant player in the Nova Scotia market with high SKU approval and solid, growing market share in the Province (with 7-day payment terms)
In addition to Nova Scotia, they have products approved for sale into Ontario, Alberta, Manitoba, Saskatchewan, New Brunswick, PEI, Yukon, and Newfoundland
Multiple unique production strains, 23 genetics in the library and a pipeline of new product releases
Multiple supply agreements, B2B contracts, growing at capacity to fulfill existing contracts with excellent and consistent SKU velocity
The site has room for expansion to extend existing building, add additional buildings or outdoor cultivation space
~$13 million of capital spent on customized build-out, fit-out and specialized equipment
The land and property are valued at $11 million via third party appraisal
Looking for a full sale of the licence, equipment, going-concern business, brand and wholly-owned facility. Inquire for pricing.
21659750029-B