Robust Cannabis And Hemp Testing Lab In California

www.GlobalBX.com

Listing ID: 700348507

Listing Title: Robust Cannabis And Hemp Testing Lab In California

Quick Link: http://www.globalbx.com/listing.asp?bId=348507

Industry: Agriculture

Industry Segment: Farms

Country: United States

State / Province: California

Area

City:

Asking Price Range: $5.0M - $10.0M

Gross Revenues: $2,000,000

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 2020

Number of Employees: 1 - 3

Business Description:
This locally owned cannabis and hemp testing laboratory serves customers throughout California using state of the art equipment in order to provide the highest level of customer satisfaction while maintaining compliance with state regulations. Testing services provided by the laboratory include but are not limited to --- - Terpenes - Pesticide - Potency - Microbial - Residual Solvents - Mycotoxin - Heavy Metals - Water Activity For 2019, the lab generated roughly $1,350,000 in revenue and is on track for over $2,000,000 in revenue for 2020. The low overhead in comparison to peers and below market rent offer an attractive investment opportunity for a buyer looking to enter the cannabis testing industry. There is significant growth opportunity should CBD become regulated for testing similarly to cannabis, and this lab is poised to capitalize on this opportunity. This is your opportunity to step into a business that has laid the foundation to be successful in a booming industry.



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