|Reason For Sale:||Other Business Interests|
|Licenses:||Medical and Recreational MIP|
According to Cannabis Business Times and Cannabis Business Executive, concentrates make up the most vibrant category in the retail marijuana industry, with sales growing as much by 83.9 percent during 2016, continuing with strong growth of 37% in 2017, and expected to continue growing as cannabis users increasingly opt for the discreet and popular vape pens.
This Manufactured Infused Product (MIP) business opportunity offers a fully-equipped entry into this growing market category. Seller recently invested almost a half million dollars in upgrades and new equipment that produce wax, shatter, butters, and oil. The 3,000 square foot facility is designed for maximum flexibility and includes everything needed to extract 15 pounds in 45 minutes. It includes both medical and recreational MIP licenses.
The MIP is staffed with experienced professionals who are skilled in top quality concentrate extraction, including an operations manager, extraction manager, extractor, administrator, and production and sales staffs.
Don’t miss this opportunity to buy into this fast growing business niche.