Medical Cannabis Cultivation Operation in Mississippi For Sale
Business Description
Duran Advisors presents this Medical Cultivation Operation For Sale in Mississippi. The company is renowned for its premium products, which makes it a preferred supplier for many dispensaries. It holds a significant market share in a rapidly growing medical market, with products distributed to a large number of dispensaries across the state. The cultivation facility is equipped with advanced technology and efficient operational processes, ensuring high-quality output and scalability. With increasing patient counts and potential legislative changes, the market is projected to grow significantly, providing substantial upside for the new owner.
The current owners seek to sell due to capital constraints, but the existing owners are committed to ensuring a smooth transition. Key management is willing to continue growing the business with a new owner. The non-essential owners are also willing to provide support during the handover period to maintain operational continuity and client relationships. The business is managed by a team of seasoned professionals with extensive experience in cultivation, sales, and operations.
While the business boasts consistent revenue from a diversified customer base of dispensaries throughout Mississippi, it requires additional working capital to fully realize its growth potential to expand production and marketing efforts. There is significant potential for expansion into the edible market and future recreational sales, providing a substantial growth trajectory for the new owner.
This opportunity is ideal for an investor or company looking to enter or expand in the burgeoning industry. The buyer should have the necessary capital to invest in growth initiatives and the capability to scale the business to its full potential. Between working capital and expansion plans within the first year, a buyer should have at least one million liquid beyond the sale price.
The business resides in a ~10,000+ square foot facility on 2.5 acres of land with ample room to expand. The property, recently valued at $1,000,000, is being sold with the business.
A Matterport 3-D Virtual Reality scan of the entire premises is available for fully disclosed buyers, as is a 50+ page Confidential Information Memo (CIM).
Once properly capitalized, current monthly sales should immediately increase to $100,000 per month because of unmet demand from dispensaries. Future revenue for the facility will reach capacity between $5-7 million per year, depending on product mix and efficiency.
Meet the owners, visit the site, and see this turnkey opportunity!
For serious inquiries, please call the business listing broker, Joel F. Duran, CM&AA®, M&AMI®, CM&AP®, CEPA®, CMSBB®, at (504) 313-1038. The Real Estate broker for this listing is John Sanderford.
The current owners seek to sell due to capital constraints, but the existing owners are committed to ensuring a smooth transition. Key management is willing to continue growing the business with a new owner. The non-essential owners are also willing to provide support during the handover period to maintain operational continuity and client relationships. The business is managed by a team of seasoned professionals with extensive experience in cultivation, sales, and operations.
While the business boasts consistent revenue from a diversified customer base of dispensaries throughout Mississippi, it requires additional working capital to fully realize its growth potential to expand production and marketing efforts. There is significant potential for expansion into the edible market and future recreational sales, providing a substantial growth trajectory for the new owner.
This opportunity is ideal for an investor or company looking to enter or expand in the burgeoning industry. The buyer should have the necessary capital to invest in growth initiatives and the capability to scale the business to its full potential. Between working capital and expansion plans within the first year, a buyer should have at least one million liquid beyond the sale price.
The business resides in a ~10,000+ square foot facility on 2.5 acres of land with ample room to expand. The property, recently valued at $1,000,000, is being sold with the business.
A Matterport 3-D Virtual Reality scan of the entire premises is available for fully disclosed buyers, as is a 50+ page Confidential Information Memo (CIM).
Once properly capitalized, current monthly sales should immediately increase to $100,000 per month because of unmet demand from dispensaries. Future revenue for the facility will reach capacity between $5-7 million per year, depending on product mix and efficiency.
Meet the owners, visit the site, and see this turnkey opportunity!
For serious inquiries, please call the business listing broker, Joel F. Duran, CM&AA®, M&AMI®, CM&AP®, CEPA®, CMSBB®, at (504) 313-1038. The Real Estate broker for this listing is John Sanderford.
About the Business
- Years in Operation
- 3
- Facilities & Assets
- This facility, one of the first to receive a cultivation license in the state, is designed to optimize both growth and operational efficiency, making it a standout in the newly legalized market. The cultivation facility spans approximately 2.44 acres, meticulously described and surveyed to ensure precise boundaries and compliance. The property includes a modern, metal building that houses the cultivation operations, complete with advanced environmental controls that manage critical growth factors such as temperature, humidity, and CO2 levels. This setup
- Market Outlook / Competition
- The Medical and Recreational Stores industry, which includes stores that retail medical (by prescription only) and recreational, has expanded dramatically over the past five years. The legalization of products for medical and/or recreational purposes and the growing acceptance of legal products use provided operators and investors with unprecedented opportunities. There has been no shortage of demand over recent years, and the industry has become one of the fastest-growing in the United States.
- Opportunities for Growth
- Product Line Expansion: Poised to extend its offerings to include edibles, the company is strategically positioned to capture a broader customer base. Anticipated changes in legislation could further expand the market to recreational, significantly enhancing revenue potential.
Increased Production Capacity: Investment opportunities exist to scale up production facilities to meet growing demand. The company is equipped with advanced cultivation technologies, and expanding these facilities could drive higher output and efficiency.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 10,000
About the Sale
- Seller Motivation
- Growth Capital
- Transition Support
- The current ownership is committed to providing comprehensive support and training to the new owner(s). This includes a detailed handover period where the current management will share their in-depth knowledge and insights into the operations, market dynamics, and regulatory environment specific to the cannabis industry in Mississippi. Details of the Support & Trainin
- Financing Options
- Owners are flexible on terms for the right buyer.
Listing Info
- ID
- 2440245
- Listing Views
Listing ID: 2440245 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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