- January 1, 2023
- Posted by: Business Brokers & Consultants
Hemp Business for Sale in Kentucky- KDA Licensed- Asset Rich
This Hemp Processor/ Handler Company is licensed by the Kentucky Department of Agriculture(KDA), asset rich, and absolutely turn-key. The Hemp industry is licensed and regulated by the KDA and This Company holds 1 of less than 100 Hemp Processor/ Handler licenses issued in the Commonwealth of Kentucky. It operates a fully-equipped extraction facility. Newer high value equipment is currently in place and completely operational. In this facility there is everything needed to turn Hemp flower into cannabaniod rich marketable product. The company employs proven methodologies which afford competitive advantage and benefits from established business to business relationships. A savvy buyer stands to inherit the comprehensive interest of Seller's initial investment in equipment, training, consulting and SOPs.
More Information: According to Grandview Research, the global industrial hemp market was estimated at 4.13 billion USD in 2021. It anticipates a compound annual growth rate (CAGR) of 16.8% from 2022 to 2030. The market is driven by growing demand for industrial hemp from application industries, such as food & beverage, personal care, and animal care across the globe.
Partners exploring other business opportunities.
Training, SOPS, formulas, branding, packaging, and extended consulting period included in asking price.
Over $230K in equipment assets are included in the sale price. Excellent location which must remain undisclosed until you sign an Non-disclosure Agreement. Location is ideal for processing and has room to expand into retail. Lease has one(1) four(4) year option remaining. If exercised it would extend the lease through June of 2027.
Must be able to pass a criminal background check
The Hemp industry is licensed and regulated by the Kentucky Department of Agriculture. Start-up costs and licensing significantly limit competition. As of November 2022, there are less than 100 hemp processor/ handlers licensed in the Commonwealth of Kentucky. This Company is operational and ready to go! It has a track record and a combination of high value equipment and proven methodologies that give it significant advantage in this already limited market.