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Turnkey, licensed micro processor in W. Ontario with low overhead costs for $599k

Leased, 1,250 ft.² licensed micro processor capable to produce pre-rolls, hand packaged flower, kief, rosin, or certain types of edibles. Strong relationships and recurring purchases from 22+ retail stores in MB/SK

Listing ID:

5784891782

Licence(s) Held:

Micro-Processing, Sales Amendment (Extracts/Edibles/Topicals), Recreation Sales, CFIA food production, and CRA licence

5784891782

Seeking outright divestiture of licence, leased property and going-concern business for $599,000

Listing Details:

  • A leased, purpose designed, 1,250 ft.² indoor micro processing facility with 110 ft.² of licenced processing space located in a multi-unit industrial complex 1.5 hours from Toronto

  • Facility is comprised of licensed GPP space, mezzanine office space, shipping and receiving, and electrical and water maintenance room

  • Currently operational and undertaking flower packaging, pre-roll, toll processing, edible manufacture and B2B sales

  • Q4 2022 Revenues of $116,000 growing to $185,000 Q1 2023 revenues - Quarter to Quarter revenue growth of 59.5%  On track to realize forecasted revenue of $900K in 2023.

  • Sales partnership in Manitoba & Saskatchewan which includes a key, independent retail partner with 16 stores across both provinces – providing guaranteed initial orders for our sourced/branded dried cannabis products

  • Currently have 11 SKUs listed in Manitoba and Saskatchewan with another 12+ coming to market in Q2 of 2023

  • Currently has a SKU with the OCS

  • Fully developed edible oil product, which is being sold through the OCS with live sales in Ontario, Manitoba & Saskatchewan as of April 2023

  • Extremely low overhead costs

  • There are existing supply, processing and sales agreements in place

  • Facility comes with equipment and fixtures

  • Expansion capability within the existing facility for processing (e.g. increase processing area to 500+ ft.² into existing footprint while keeping total unit fully functional) to ramp up production

  • Facility is capable to produce pre-rolls, hand packaged flower, kief, rosin, or certain types of edibles

  • Ideal location for distribution or support for any LP that is operating in another province

  • Dried Cannabis, Extracts and Edibles Sales Amendments (Recreational sales) have all been achieved.

  • 25 minute drive from licence site to OCS warehouse location in Southern Ontario (Guelph).

  • QAP is open to staying with the license to support new owners/operations.

5784891782

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