CannaMLS ID: 258802
Created | Updated
Price
$ 1,999,000
Seller financing available
Priced at a low multiple of Net Profits, this well established Oregon hemp producer sells high-quality, affordable hemp flower and formulated CBD products onlin
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Mixed use
Priced at a low multiple of Net Profits, this well established Oregon hemp producer sells high-quality, affordable hemp flower and formulated CBD products online. Its broad array of popular products include smokeable hemp flower, edibles (including gummies and chocolates), tinctures, concentrates, topicals, body care, teas, pre-rolls and pet products. All products are produced using hemp from Seller's exceptional and high quality hemp farm, which is not part of the purchase; although a supply arrangement can be put in place at buyer's option. The assets being sold include the website and all web processes, all online customer lists and contact information, all related online marketing material, the brand names, SOPs for all the products and any other IP related to the product recipes. Seller's online wholesales customers are also included in the asset purchase. This purchase is ideal for a new market entrant, as well as an established market participant, looking to greatly and quickly increase its customer base and revenue, without the high cost and lengthy time required for individual customer acquisition. Given its strong profitability, Seller also provides attractive cash flow to the buyer. Seller's products are in high demand and sell quickly. It is positioned as extremely high quality but affordable and customers routinely return. Seller is longer established than most of its competitors and its Oregon location bolsters its reputation, due to the state's ideal climate and soil for hemp. Seller conducts monthly new product launches, to strong customer demand. According to industry reports, the U.S CBD market was approximately $1.6 billion in 2021 and projected to expand at a compound annual growth rate exceeding 40% through 2030. The U.S. smokeable hemp market was approximately $80 million in 2020 and by 2025 is expected to swell to upwards of $300 million. Seller's product sales are poised to benefit from these trends, nationally and internationally. In addition, opportunities abound for buyer to pursue the placement of products in brick and mortar stores and the development of exotic cannabinoid products. Karen Muller, Oregon Principal Broker License #201243632, is the Broker for the sellers. NDA and POF required.
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Mixed use