Vertically Integrated Hemp Business
Off-MarketRaleigh, NC
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$10,000,000
$500,000
5.0%
2018
30+ Days
Customers
Revenue split is approximately 50% wholesale and 50% retail. The business also serves customers nationwide though e-commerce sales. Offers pre-packaged products, flower, gummies, and also operates a showroom for wholesale customers.
Customer Acquisition
Marketing relies primarily on word-of-mouth and SEO they have invested in.
Team
The company employs approximately 30 people company-wide, primarily production workers and retail shop staff.
Owner's Role
Leadership includes three owners: a CEO, his partner (CFO) managing finances, and a 10% owner serving as Chief Creative Officer overseeing branding.
Reason for Selling
The owners are seeking an exit strategy or partnership opportunity as they feel they lack experience scaling businesses beyond the current revenue level and are interested in finding a buyer or equity partner to help expand. .
Contracts
Wholesale customers purchase on-demand with no formal contracts, but the company maintains competitive advantages through pricing, service quality, and a professional showroom setup.
Real Estate
The company operates four brick-and-mortar retail locations (all leased). Main wholesale manufacturing location is owned and may or may not be included in a sale.
When Are You Looking to Sell
ASAP
Licenses Required
The company holds a USDA hemp license for cultivation; no licenses currently required for manufacturing or distribution, though regulations may change.
Business ID: 1709
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