Online Hemp Retailer
Business Description
Description:
The Company is a US-based e-commerce focused hemp retailer specializing in premium, federally compliant hemp-derived products, including Tetrahydrocannabinolic Acid (THCA) and Cannabidiol (CBD) flower, edibles, topicals, and pet products. The Company has developed a reputation for award-winning indoor-grown strains. All products undergo third-party laboratory testing to ensure potency, consistency, and compliance with federal regulations.
Key Aspects:
• The Company's revenue grew at a compound annual growth rate (CAGR) of 32.4% from 2021 through 2024, with an adjusted EBITDA margin reaching 13.9% in 2024.
• The seller maintains strong customer retention with an estimated 87% of 2024 revenue being generated from repeat customers.
• The Company leverages white-label packaging across its entire smokable product line and extends this practice to select offerings within its edible product portfolio.
• The Company consistently receives five-star feedback on CBD-focused platforms and earns strong praise across Google and Reddit, highlighting high levels of customer satisfaction.
• The Company sources hemp exclusively from established US farms, with all products verified through independent, third-party lab testing to ensure quality and compliance.
Opportunities:
• Increase market share through targeted marketing initiatives focused on the B2B segment.
• Expand product portfolio into branded edibles and additional consumer-ready items to increase product offerings and revenue streams.
• Establish brick-and-mortar retail locations to strengthen brand visibility and diversify sales channels beyond e-commerce.
• Leverage customer data to strengthen retention programs, subscriptions, and loyalty initiatives to drive recurring revenue.
Headquartered:
• Southeast, US
Current Markets:
• The Company serves both direct-to-consumer (D2C) and business-to-business (B2B) markets across the US.
Real Estate:
• The Company operates from a 2,000 sq. ft. facility leased from an unrelated third party in the Southeast, U.S.
• Management notes that the lease is assumable to new ownership.
Shareholder Objectives:
• The Company is owned by a single shareholder who is seeking to pursue retirement.
• The owner is willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.
The Company is a US-based e-commerce focused hemp retailer specializing in premium, federally compliant hemp-derived products, including Tetrahydrocannabinolic Acid (THCA) and Cannabidiol (CBD) flower, edibles, topicals, and pet products. The Company has developed a reputation for award-winning indoor-grown strains. All products undergo third-party laboratory testing to ensure potency, consistency, and compliance with federal regulations.
Key Aspects:
• The Company's revenue grew at a compound annual growth rate (CAGR) of 32.4% from 2021 through 2024, with an adjusted EBITDA margin reaching 13.9% in 2024.
• The seller maintains strong customer retention with an estimated 87% of 2024 revenue being generated from repeat customers.
• The Company leverages white-label packaging across its entire smokable product line and extends this practice to select offerings within its edible product portfolio.
• The Company consistently receives five-star feedback on CBD-focused platforms and earns strong praise across Google and Reddit, highlighting high levels of customer satisfaction.
• The Company sources hemp exclusively from established US farms, with all products verified through independent, third-party lab testing to ensure quality and compliance.
Opportunities:
• Increase market share through targeted marketing initiatives focused on the B2B segment.
• Expand product portfolio into branded edibles and additional consumer-ready items to increase product offerings and revenue streams.
• Establish brick-and-mortar retail locations to strengthen brand visibility and diversify sales channels beyond e-commerce.
• Leverage customer data to strengthen retention programs, subscriptions, and loyalty initiatives to drive recurring revenue.
Headquartered:
• Southeast, US
Current Markets:
• The Company serves both direct-to-consumer (D2C) and business-to-business (B2B) markets across the US.
Real Estate:
• The Company operates from a 2,000 sq. ft. facility leased from an unrelated third party in the Southeast, U.S.
• Management notes that the lease is assumable to new ownership.
Shareholder Objectives:
• The Company is owned by a single shareholder who is seeking to pursue retirement.
• The owner is willing to remain with the Company for a predetermined period to facilitate a smooth transition to new ownership.
Listing Info
- ID
- 2417486
- Listing Views
- 2
Attached DocumentsAttachment Disclaimer
Listing ID: 2417486 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.
