B2B Distribution & Wholesale: Vegas Based THC/CBD Company

This distribution and manufacturing company has 4 individually successful subsidiaries boasting a 36% profit margin. They primarily sell in the wholesale and business-to-business sector for THC and CBD. Although they are based in Las Vegas, they have clients across 35 states in the USA. These brands have diverse SKU’s so they are able to offer any product that a client in this industry would want including cannabis gummies, micro dose mushroom-based chocolates, nicotine based vape juice, and hemp cartridges, disposables, and gummies. Their current staff consists of 12 W2 employees as well as an average of 20 contractors as needed to package and send orders out of their 12,000 sq. ft. warehouse and office space. The current owners are active in the business and primarily operate as the CFO and the manager of the sales team. They have offered a 3–4-year transition period and are willing to roll equity on 20% of the business purchase plus 10% on earn out, which shows extreme faith in the continued success of this enterprise. The sellers are looking for a buyer who has a strong business background for all the new development that is being on boarded. This business has shown continual growth and is only expected to continue on this trend. The current owners recently reinvested significant amounts of time and money into expanding operations. Not only will a buyer be able to enjoy the spoils of this recent focus, they will also have multiple opportunities to continue this focus on growth. While there is an expected organic growth as more and more states allow THC and CBD products without needing individuals to possess a dispensary card, new ownership could also continue to expand on the recent addition to the business’s portfolio, delta-8. Delta-8 edibles are currently legal in 35 states and are often one of the only variations that are available to residents/businesses of “non-green states” Priced at $52,000,000 this diverse business endeavor is primed to provide new ownership with exponential success and continued growth opportunities. As the health benefits of hemp and cannabis products continue to be shared, the client base for this business continue to grow, especially for those businesses that offer borderline exclusive access to these products.