Other Agriculture
Active
Profitable, Vertically-Licensed NY Cannabis Co. - 65%+ Market Share
New York, United States
Asking Price$10.50m
Revenue$6.80m
EBITDA$690k
Cash Flow-
Description
This is a confidential offering to acquire a premier, next-generation cannabis CPG and cultivation company already dominating the New York market. With over $6M in sales since April 2023 , placement in 85+ NY dispensaries , and a full suite of cultivation, processing, and distribution licenses, this business is built for scalable growth.
The business has a proven brand platform that has generated over $125M in lifetime sales and is an award-winning name in the cannabis space. This is a turnkey opportunity for a strategic buyer to acquire a vertically integrated leader with significant brand equity and a clear path to expansion.
Deep Market Penetration: Products are sold in over 85 of the 150 dispensaries currently open in New York.
Vertically Integrated Licensing: Holds key New York licenses for Mixed Light Greenhouse Cultivation, Tier 1 Processing, and Distribution.
Established Operations: Operates out of an 18,000 sq. ft. greenhouse in Ithaca, NY, with supporting infrastructure.
Expansion Ready: A clear strategy is in place for expansion in New York and New Jersey, with a revenue forecast exceeding $20M+ annualized by 2026.
The associated real estate is also available for purchase for $1.5M.
This is a confidential listing. The business name and detailed financials will be provided only after a Non-Disclosure Agreement (NDA) is signed. Inquire today to learn more.
Real EstateBuilding Size: 22400 sq. ft.
$1.50mNot Included in Asking Price
Furniture Fixtures & Equipment
$760k
Inventory
$350kIncluded in Asking Price
Number of EmployeesFull-Time: 25
Year Established
2022
Reason Selling
The current owner plans to retire
Facilities & Assets
This opportunity is situated on a 4-acre property that includes a 12,500 SF cultivation greenhouse with 220 lights over 17 benches and a new 2,240 SF production facility built in 2023 for drying, curing, and storage. Operations are further supported by a 15,232 SF leased processor & distribution facility at 89 York St. in Auburn, NY. With significant acreage available, the property offers strong potential for future expansion and increased production capacity.
Support & Training
Ownership is committed to ensuring a smooth and successful transition. They would remain with the company for up to three months post-transaction to assist with training, operations, and transitional support. They are open to discussing an extended management agreement. The owners would also be open to exploring a potential merger or acquisition partnership as well.
Market & Competition
The cannabis cultivation and distribution space is competitive but offers strong opportunities for operators with quality products, efficient operations, and recognized brands. As the industry consolidates, well-run, fully licensed companies like Electraleaf are well positioned to grow market share. Demand for premium product and reliable distribution remains strong as the market matures.
Growth Opportunities
The company is positioned for continued growth, driven by the proven success of the cannabis industry and the steady increase in licensed retail locations. By leveraging its strong brand portfolio, expanding infrastructure, and exploring opportunities in additional states, the business is poised to increase market share and revenue while capitalizing on the industry’s ongoing expansion.
Financing Options
Seller financing is available.
Related Categories
Asking Price$10.50m
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.