Client: 44932
Description
Located in Washington State, the company operates as a vertically integrated cannabis business, managing cultivation, extraction, product development, packaging, order in-take and distribution. Controlling the entire supply chain has been key to consistent performance, long term success, future growth, and operating within the premium category space.
Business Highlights:
- – Steady Earnings, Massive Growth Potential: Strong earnings positioned for long term success due to brand with niche, premium products. Significant opportunity for margin growth and to become a market leader through M&A / industry consolidation.
- – Operational Excellence: Facility build-out recently completed, capacity to scale grow operation, extraction, infusion, product development and packaging in state and for a multi-state operator, along with routine compliance with WSLCB.
- – Product-Market Fit: ~70-100 product SKUs produced using FDA methodologies. Distribution into 500+ stores within WA- distinct key performance indicators managing sales performance.
- – Experienced Management Team: The executive leadership includes professionals with backgrounds in Fortune 100 companies, bringing mature operational best practices, systems and go to market strategies to company culture.
Business Overview
| Revenue | $8,800,000 |
|---|---|
| Net Income | $1,700,000 |
| Adj. EBITDA | $2,900,000 |
| Year Established | 2010s |
| Number of Employees | 50 |
| Location | Washington State |
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