This business is predominantly a wholesaler of high quality CBD and THCA products to third-party retailers across the country. The company manufactures its own brand line of products, but also produces 'private label' lines other high volume brands.

A (currently) 12-person team of marketing and sales representatives handles the volume, and is expected to grow to 15-18 staff this year. The company has the capacity and room to scale a sales team past 50 ppl.

Manufacturing is all SoCal based, and the current facility is planned to move to Ontario where manufacturing and convenient access to shipping and logistics may be combined for greater efficiency and speed to delivery. A buyer may influence the precise location, however, as the owner has not yet signed a lease. It's possible to choose another location entirely, if desirable.

The company's largest sellers are gummies, pre-rolls, oil for vape pens and other vape pen products. In addition to hemp-based CBD products the company also manufactures and distributes 50-state legal THC-A, THC-P and Delta 11 products. Plans for expanded lines of gummy products are in the works, and upgraded, higher-capacity equipment is planned for the move to new mfg. facilities.

Note: much of the operation is entirely staff run. The owner's primary duties are supervision, leadership, product development and shipping management. Even these duties are being automated, outsourced or delegated and will soon free up more day-to-day time for the owner to focus on other non-competitive opportunities.

With 70% gross margins and near 35% net margins this is a very profitable and very cost-efficient business to operate. The seller has demonstrated expertise at meeting market demand with high-quality, low-cost product lines. Further, repeat orders are strong as the company maintains a very high touch / high service level for its retail clients.