Licensed processor in Calgary, AB with edibles brands/listings in major provinces seeks equity partner

Licensed processor with proprietary formulations – focused on manufacturing premium, high-quality cannabis edibles and topical products – seeks equity partner to further commercialize additional premium products nationwide

• Custom-designed, state-of-the-art, licensed processing facility manufacturing edibles and topicals
• Currently fully operational, undertaking differentiated edible and topical product manufacturing, packaging and order fulfilment
• Currently 17 products in the market and selling in 4 provinces (Alberta, Ontario, Saskatchewan, Manitoba) with additional products in the development pipeline
• Focused on continued retail penetration across these major provinces for continued revenue growth
• Company has solid brand positioning, proprietary formulations demanded by consumers, and is exceeding expectations from provincial boards
• Various product formats to appeal to a diverse range of clientele
• Have products in three pricing tier solutions (ie. Premium , Mid-Market and Value) to support retail partners across various consumer demographics
• Debt and covenant free
• ~$1.5 million projected annual sales for 2023
• Lean operating costs and significant revenue build-up potential
• The site has room for further expansion with a potential to lease adjacent premises to further extend production
• Seeking equity/JV partner to invest $750,000 in the company to support production ramp-up, and to further commercialize additional premium products nationwide

Seeking $750,000 investment for a stake in the company and potential strategic partnership. Equity priced at a discount of $0.15/share (pre-money valuation of $1.8MM)

https://www.hydeadvisory.com/listing/4518110976