Outdoor cannabis farm with multi-strain, high-THC, low cost flower & new fresh frozen facility seeks JV

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.

20+ 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 pending supply agreement contracts

Site is suitable for additional building expansion to accommodate on-site extraction and a future farm gate store.

Far lower capital investment requirements for expansion than indoor facilities

~$400k revenue generated in Q1 2023 and forecasted ~$2.1 million annual revenue in 2023

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 acquirer 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 2023