Outdoor cannabis farm with multi-strain, high-THC, low cost flower & new fresh frozen facility seeks JV
De-risked operations entering 5th year of cultivation. 6-acre cannabis farm with high-yielding supply of multi-strain, high-quality, high-THC, low cost-to-produce outdoor flower in SW Ontario
Listing ID:
6172282439
Licence(s) Held:
Standard Cultivation, Standard Processing, Sale of Dried Flower and Extracts, CRA Cannabis Licence
Looking to expand dried flower capability to meet increased demand in 2025 - seeking investment in the form of a strategic partner, minority or majority shareholder of the wholly-owned building, licence, going concern business, and land lease
Listing Details:
· Fully operational, multi-functional licenced cannabis site sitting on 70+ workable acres of high-quality farmland in SW Ontario
· 6 acres of licenced outdoor cultivation with 3,000 kg production capacity (500+ kg/acre) in full production with the ability to expand to 70 workable acres.
· 5,000 ft.² purpose-designed indoor production facility, 2 x pristine 3,240 ft.² outdoor greenhouses and a ~2,000 ft.² fresh frozen storage facility.
· 30+ unique and desirable production strains are yielding high quality outdoor flower over 20% THC.
· Achieving good B2B pricing (flower sales, fresh-frozen sales, pre-roll inputs) through existing supply contracts with excellent margins given the very low COGS.
· Large library of genetics with a number of unique strains in the production pipeline.
· Supply agreement in place with several large Producers/Processors
· Site is suitable for additional building expansion to accommodate on-site extraction, drying and a future farm gate store.
· Far lower capital investment requirements for expansion than indoor facilities
· ~$1.4 million annual revenue in 2023 / +$440 K Net Income. 2024 revenues projected to be ~$3.0 million / ~$800 K Net Income
· Facility comes with all equipment and inventory on-site
· Owner and staff are open to staying on for future operations
· Total invested in property, capital improvements and equipment over $2.8 million
· Farm land is leased annually for $150,000
· The partner will have access to a high-quality supply of multi-strain, high-THC, low cost-to-produce outdoor flower.
· Great opportunity to be part of a differentiated and established outdoor cannabis farm that’s fully dialed-in and operated by a multi-generational farming family with planned cultivars in place for 2025
6172282439