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

CannaMLS ID: 1500
Save Listing

Price: $15,000,000


Listing Details


Listing Category
Distribution

Medical
YES


Price: $15,000,000

Listing Status: For Sale

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


Listing Details

Listing Status
For Sale

Location
Santa Cruz, California 95060

Date Listed For Sale:
7/10/2019

Date Last Updated:
7/20/2019

Property Details

Pricing Details

Listing Price
$15,000,000

Advertising


 

Hit the "Contact Listing" button on the top right of the page to send a message to the seller.

(CannaMLS.com does not make seller contact information public to prevent SPAM and abuse.)

 

To report a problem with this listing contact: admin@cannamls.com

 

*CannaMLS is an independent listing service and does not offer legal, tax or regulatory advice. CannaMLS is not a real estate brokerage and is not advertising any properties for sale in any market. All listings that advertise real estate are posted by third parties who are responsible for compliance with all real estate regulations. CannaMLS does not guarantee the authenticity or value of any listings, assets, buyers, sellers and/or brokers on the company‚Äôs website. By listing or interacting on CannaMLS.com you agree to indemnify and hold harmless CannaMLS Inc. and its owners, employees, agents, and affiliated companies from any civil or legal claims that may arise as a result of you transacting with users or assets on the site.