This firm is poised to be the first disabled veteran owned cannabis cultivator and manufacturer in NJ, cultivating between 4,500-5,000 lbs. of cannabis per year.
The business obtained a Class 1 Cultivation license in July ’22 and a Class 2 Manufacturing license in December ’22. It anticipates the annual conversion of licenses next quarter after obtaining municipality support for operations in May’23.
This firm is implementing its Phase 1 of build-out of 4K sq/ft of canopy after raising $2,700,000.
It has a key product SKU that differentiates this business from others and showcases its brand.
It is evaluating service agreements with experienced and established operators to run its consumer goods manufacturing operations which will expand on its brand.
MISSION: This firm will be a leader in cultivating premier cannabis while partnering with and supporting the military veterans and disadvantaged communities in NJ.
IMMEDIATE BUSINESS PLAN
• Secure financing
• Full conversion of licenses
• Finalize and execute manufacturing services agreement with leading MSO
• Establish 10 core distribution relationships with an extended pipeline of potential new partners.
What sets this business apart from others is its Mission and Differentiated Product. It aims to be the first disabled-veteran owned cultivator/manufacturer in New Jersey. Additionally, the organic, live soil growing process produces vastly higher quality cannabis with a full terpene expression, thus a differentiation from competitors who rely heavily on pesticides and other carcinogens. Furthermore, its brand and product offerings distinguish this company as one of New Jersey’s most identifiable and approachable brands. This company is poised to be New Jersey’s premier cannabis brand that resonates across demographics and consumer preferences.
A savvy investor will be able to take advantage of this firm’s product differentiation and mission.
The ideal investor will be an investment group who recognizes the growth and profitability potential and can provide the resources for it to expand, or a strategic partner whose five-year plan includes augmenting its current business.
Real Estate Available: No
Real Estate Included: No
Detailed Information:
Lender Prequalified: Yes
SBA Prequalified: No
Rent: ON REQUEST
Is Going Concern: Yes
