High-Growth 1,250 ft² Cannabis Processing Facility Near Toronto - Operational, Expanding, with Strong Q1 Revenue and Strategic Partnerships

High-Growth 1,250 ft² Cannabis Processing Facility Near Toronto - Operational, Expanding, with Strong Q1 Revenue and Strategic Partnerships
Buy / Sell / Invest:
Outright Divestiture
Location:
Ontario
Licence(s):
CFIA Food Production, CRA Cannabis License, Micro Processing, Recreational Sales License, Sales Amendment
Sq. Footage:
1,250.0 ft²

Leased, 1,250 ft.² licensed micro processor capable to produce pre-rolls, hand packaged flower, kief, rosin, or certain types of edibles. Strong relationships and recurring purchases from 22+ retail stores in MB/SK

A leased, purpose designed, 1,250 ft.² indoor micro processing facility with 110 ft.² of licenced processing space located in a multi-unit industrial complex 1.5 hours from Toronto

Facility is comprised of licensed GPP space, mezzanine office space, shipping and receiving, and electrical and water maintenance room

Currently operational and undertaking flower packaging, pre-roll, toll processing, edible manufacture and B2B sales

Q4 2022 Revenues of $116,000 growing to $185,000 Q1 2023 revenues – Quarter to Quarter revenue growth of 59.5% On track to realize forecasted revenue of $900K in 2023.

Sales partnership in Manitoba & Saskatchewan which includes a key, independent retail partner with 16 stores across both provinces – providing guaranteed initial orders for our sourced/branded dried cannabis products

Currently have 11 SKUs listed in Manitoba and Saskatchewan with another 12+ coming to market in Q2 of 2023

Currently has a SKU with the OCS

Fully developed edible oil product, which is being sold through the OCS with live sales in Ontario, Manitoba & Saskatchewan as of April 2023

Extremely low overhead costs

There are existing supply, processing and sales agreements in place

Facility comes with equipment and fixtures

Expansion capability within the existing facility for processing (e.g. increase processing area to 500+ ft.² into existing footprint while keeping total unit fully functional) to ramp up production

Facility is capable to produce pre-rolls, hand packaged flower, kief, rosin, or certain types of edibles

Ideal location for distribution or support for any LP that is operating in another province

Dried Cannabis, Extracts and Edibles Sales Amendments (Recreational sales) have all been achieved.

25 minute drive from licence site to OCS warehouse location in Southern Ontario (Guelph).

QAP is open to staying with the license to support new owners/operations.

Seeking outright divestiture of licence, leased property and going-concern business for $599,000

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