Leading Cannabis Producer with Over 100 Franchise

Italy

Asking Price: $14,654,075 (€12,500,000 EUR)
Business For Sale Details
Listed on Apr 22, 2024

The business was born in 2017 from the idea of nine members who came from different fields but shared the same passion for hemp and its boundless worlds. After opening the first official shop in the same year, several openings followed in just a few weeks.

With 25 employees at its headquarters, the company has a showroom in Italy, more than 100 franchise shops throughout Europe, and several hundred dealers across Italy. Since the business launch, the goals achieved and the borders crossed have surpassed the initial expectations of the company’s founders. Today, further expansion in Europe is planned, with the aim of reaching even more distant markets.

The flagship of the company is undoubtedly the GROWERS DEPARTMENT, responsible for sowing, nurturing, growing, and harvesting all the flowers sold in the shops, thereby controlling the supply chain at every stage.

The official website is not only the showcase of a large franchise and its e-commerce but also aims to become a reference point for everything related to legal cannabis. Its editorial staff provides news, insights, and curiosities on all aspects of hemp (light and not) day after day. The editors work to raise readers’ awareness of the subject, disseminating constantly updated information. Without basic knowledge, breaking down the barriers of stereotypes and false beliefs instilled by our culture becomes impossible, preventing us from enjoying the many uses and positive effects of our beloved cannabis.

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Financials (USD)

Asking Price $14,654,075

Cash Flow Not Disclosed

Sales Not Disclosed

Converted From EUR

Exchange Rate $1.17

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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