The offering specializes in hemp extraction offering a proprietary line of Cannabidiol (CBD)-infused products. The company acts as a manufacturer, wholesaler, distributor, and e-commerce retailer of products to businesses and individuals throughout the United States.
Key Aspects:
· Turnkey provider managing product design & manufacture to retail shipment from one location
· Strong foothold in the CBD industry with brand presence both as a manufacturer and e-commerce retailer
· Diverse customer and service base provides insulation to industry fluctuations
· Highly-regarded customer service and management with over 6,000 positive customer reviews and testimonials from Forbes, BuzzFeed, and Esquire
· A 2021 Inc. 5000 company generating natural growth via social media, press, and word of mouth
Opportunities:
· Multiple expansion avenues including increasing warehousing and shipping capabilities, white-label wholesaling, and building further awareness of e-commerce brand
· Expand product availability to Amazon Marketplace
· Bring production lines in-house such as dog treat and gummy manufacturing
· Potential psilocybin product lines could position the company as an early leader with future relaxation of regulation
Headquartered:
· Central United States
Current Markets:
· The company designs, manufactures, and distributes products for a variety of end markets, with the primary market being direct-to-consumer sales via e-commerce. Other sales avenues include wholesale shipping, retail chains, and box stores.
Real Estate:
· The company operates from a 23,890 square-foot combination office and warehouse facility leased from an affiliated entity.
Shareholder Objectives:
· The sole owner is seeking a more balanced lifestyle and expects to remain with the business post sale to assist with future growth. Ownership is open to various deal structures to facilitate a transaction.
