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6837477892

Dynamic, purpose-built micro cultivator in Saskatchewan with ability to quickly expand into a standard cultivation license at low cost

Licence(s) Held:

Micro Cultivation

6837477892

Seeking outright divestiture of wholly-owned property, business and licence for $5.7 million

  • A state of the art, wholly owned 7,600 sq ft, multi-purpose, steel-structured facility sitting on a 10-acre site

  • Facility is comprised of 2-tiers of licenced cultivation rooms (10 rooms in total - 6 rooms on the top tier and 4 rooms on the bottom tier), 1 processing room and 1 nursery with 31 ft high ceilings, storage room with its own vault room, hanging and drying room, shipping and receiving area, mezzanine floor for extra storage, office area, wash bay space for cleaning and sanitation, decontamination space.

  • The facility is also equipped with lean programmed systems/technology featuring an automated fertigation, gas looping system, UV systems, 2 x POS system, 2 x CO2 tank system, and 1 x large H20 tank reservoir

  • 3 Phase power with 800-amp service and robust natural gas service to support future upgrade to a standard category licence

  • Full production capability exceeds 400 kg/year of dried flower

  • Micro licence can be increased to standard licence in minimal time at minimal cost

  • Existing inventory of dried flower for future sales (~$300k value).

  • There are existing supply agreements in place

  • Projecting $1.3 million gross revenue for 2022

  • With retail market validation that cannabis consumers are looking for quality, craft cannabis, this facility is positioned to expand quickly into retail, processing, and increased output

  • This facility is currently producing some of the highest quality cannabis in Canada with crops consistently between 24-28% THC with terps 2.00 percent and above

  • Low operating costs

  • Site and facility are ripe for future expansion (e.g. extending existing building, adding a greenhouse, adding outdoor cultivation, etc.).

  • Current market valuation for real estate (land and building) is $2.2 million

  • Almost $2 million spent building out and fitting out the facility

  • Open to full divestiture, joint venture or partnership opportunities

6837477892

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