Branded two-store cannabis retail portfolio in Southwestern Ontario — profitable, turnkey operation with positive EBITDA

Two fully operational, revenue-generating branded cannabis retail stores in Southwestern Ontario, trading under a single established retail banner

Modern, turnkey storefronts of between ~ 2,000 sq. ft. to ~2,300 sq. ft., each fully built out with no immediate capital upgrades required

Both locations are situated in high-traffic retail corridors: one on a well-known downtown shopping and dining strip near a major university, the other on a major commercial retail corridor anchored by area shopping centres

2025 full-year combined gross sales of ~ $2.25M, and EBITDA of ~ $300k. Combined is projected to exceed ~$2M by the end of 2026.

Combined gross margin of ~ 34%, consistent across full-year 2025 and 2026 YTD

Revenue is seasonally weighted toward fall/winter, with one location's trade area tied to a nearby post-secondary student population returning in September, followed by a strong holiday season

~ $600,000 in combined historical capital invested in leasehold improvements, fixtures, and equipment

Each store fully equipped with a secure inventory vault, multi-station POS, CCTV security, custom display casework, digital menu kiosks, and a customer lounge

~ $160,000 in on-hand inventory at cost across both locations and it’s sold separately

Active data monetization agreement generating ~ $10,000/year

Long-term leases in place at both locations, each with two five-year renewal options; current base rent runs ~$4k month for each.

Experienced full-time store management and budtender teams in place, on a lean staffing model. Staff are looking to stay on and support the on-going business.