eCommerce

listed by broker
Legal Cannabis Products
Founded in
2020
Desired valuation:
Open to offers
Description
We are one of the biggest Legal Cannabis distributors in Europe. We buy directly from the farmers and we distribute all over EU and UK. Since this year we started offering more products (CBD oils, isolates, cosmetics) and add a small retail e-commerce to our websites.
Featured metrics
180 B2B organic lead/week - no ads, 50% B2B revenue growth year to year, 70% growth year to year web traffic
Selling details
Type of shares
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Reason for selling
I'm bored of managing a company, what started as a game got too big too fast.
Preferred acquirer
Would like to sell to someone that has passion for cannabis and CBD.
Aspirations & growth opportunities
This business offers so many opportunities. Just needs someone with the energy to make them happen. I would say web3 integration and drop shipping our products to our B2B clients should be the priorities. On one hand we have very good numbers and growth (probably a valuation over 7mil) on the other side the business operates in a grey area that makes it more risky (but also much more potential once legalization arrives in Europe).
Business details
Business model
Selling CBD, Mostly Wholesale but Retail as well.
Customers
Over 200 B2B clients (Big CBD Distributors)
Competition
JustBob
Operational details
Technology stack
WordPress, HubSpot
Marketing spend
0$ on paid ads. Sales take a commission of 20% on gross margin (Google Organic Search Only)
Performance tracking tools
Google Analytics, Other
Financial details
Ownership structure
5 partners own the company. Shares are divided 45%-40%-10%-2.5%-2.5%. Probably all would agree to sell but not necessary all should.
Last month's revenue
$ 250 K
Last month's profit
$ 50 K
Financial records
Annual P&L summary reports
Metrics
TTM revenue
$ 2 M
TTM net profit
$ 250 K
Based in
EMEA
Team members
11-15
Acquisition type
Full
Desired valuation
Open to offers
Message Owner
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Message Broker
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