Cannabis Cultivation Business for Sale, Oklahoma
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Asking Price
$2,900,000
Detailed Information
Business Description
A well-established cannabis cultivation business in Oklahoma, with three years of successful operation, is available for sale as the owner plans to relocate to Florida and retain some equity in the company. The business is fully compliant with Oklahoma Medical Marijuana Authority (OMMA) regulations and boasts low competition in the area, with no additional MMJ licenses currently available. The operation includes valuable assets such as an acre of land for expansion and a unique growing system yielding an above-average harvest. The business, which is cash-only and currently undergoing the process of setting up a bank account, features 168 lights in the flower room, each supporting nine plants. With a cloning license recently obtained, the business now has the potential to sell baby plants to other growers. There is also the opportunity to add dispensaries and increase production, with a consistent yield of 1512 plants per harvest and room for up to 4-5 harvests annually. Key operational staff, including the grower and an experienced operations manager, are willing to continue