Licensed CA Distribution + Brands For Sale, $10M+ in Revenue

Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$4,000,000
Ownership Percentage:
25 %

Property Details

Property Attached:
No
Property Is Movable:
No
Property Is Included:
No
Has Buy-in Option:
Yes
Is Built Out:
No
Has Room For Expansion:
No
Operations Are Needed:
No

Santa Cruz-based cannabis Distributor for sale or option to buy-in.

  • Operates out of an 8,000 sf industrial warehouse in Santa Cruz
  • Serving 300 stores and counting
  • Projected to do over $10.75M in revenue for 2019
  • Controls 3 in-house brands which are currently available in over 200 dispensaries throughout CA
  • 80% of sales are expected to come from in-house brands by end of Q3 2019

 

2 options on this opportunity:

Option #1: 100% acquisition for $15M cash 

  • Includes all licenses, assets and operations
  • All trademarks and IP 
  • All house brands 
  • All contracts with farmers
  • All employees, owners and management willing to stay on - we want to continue to grow the platform we have built with the guidance and bench strength of a larger player 
  • Open to partial/majority acquisition or earn-out structure as well

 

Option #2:  25% acquisition at a $16M valuation

  • A $4M investment will take us to a $25M run rate
  • Willing to sign an exclusive option on the remaining equity as a multiple of performance

Price: $15,000,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: Santa Cruz, California 95060

Recreational: Yes
Medicinal: Yes

Listing Type

  • Distribution