Details

The business, is an experienced and established fully accredited cannabis testing and analytics laboratory. The business allows cannabis manufacturers, dispensaries, patients, and recreational users the ability to ensure the product/medication they are using is of high quality and adheres to compliance health protocols.

Key Aspects

• Compound annual growth rate in revenue of 50.6% and EBITDA of 87.4% from 2018 through 2021.
• Government compliance ordinances of cannabis products ensuring sustained demand for services.
• Cutting edge lab equipment ensuring excellent analytics.
• One of two national industry partners with a major lab instrument manufacturer.

Opportunities
• Cannabis testing industry expected to grow from 1.3 billion to 2 billion over 2022 in the company's state of operation, according to ownership
• Target new licenses as new recreational cannabis licenses will be distributed in the company's state to be issued for growers and merchants of cannabis products.
• Increase in technological advancement in the cannabis testing industry leading to market growth.

Headquartered
• Southwestern US

Current Markets
• The business operates and is accredited to serve an Arizona-based market but allows import testing from certain select states. The business deals with cannabis/hemp manufacturers, growers, dispensaries, patients, and recreational users.

Real Estate
• The business operates from a 6,000 square foot facility leased
from an unrelated third party.

Shareholder Objectives
• Ownership is seeking retirement and an eventual full exit from the business within 1 - 3 years after sale of the business

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.