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Cannabis Businesses For Sale

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Market Info

Buy or Sell a Cannabis Business

The cannabis industry is rapidly growing, and with that growth comes new opportunities for entrepreneurs to enter the market. If you're considering buying or selling a cannabis business, it's important to understand the legal landscape and regulations surrounding this industry. Each state has its own laws regarding marijuana sale and use, making it crucial to seek legal counsel before making any major business decisions.

Market Snapshot

Number of Businesses Analyzed  

  ~240

Median Asking Price  

  $1,500,000

Median Reported Revenue  

  $1,670,000

Median Reported Earnings  

  $500,000

Profit Margin  

  30%

Earnings Multiple  

  3.0

Revenue Multiple  

  0.9

Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

We have aggregated listing information on cannabis businesses for sale to provide some context on this unique market. Keep in mind that these numbers are constantly changing, and every business is unique, requiring research and due diligence before making any decisions.

How many cannabis businesses are currently for sale?

Based on our latest analysis, there are approximately 350 cannabis businesses on the market.

Where are most cannabis businesses listed for sale?

The majority of cannabis businesses for sale are found in:

  1. California
  2. New Jersey
  3. Colorado
  4. Oregon
  5. Michigan
  6. Massachusetts
  7. New Mexico
  8. Maine
  9. Oklahoma
  10. Montana
  11. Washington

What is the average asking price for these businesses?

The median asking price for cannabis businesses that we've analyzed is $1,500,000.

What is the average revenue and earnings?

On average, these cannabis businesses have reported a median revenue of $1,670,000 and median seller discretionary earnings of $500,000, indicating a robust profit margin of about 30%.

What are the average valuation multiples for cannabis businesses?

The earnings multiple averages at approximately 3.0, while the revenue multiple is around 0.9, based on businesses that have listed complete financials.

How can business owners sell their cannabis business?

Cannabis business owners can either hire a business broker, typically incurring a 10-15% commission fee, or choose to list their business and manage the sale of their business directly.

Remember, selling a business is a significant decision and requires due diligence, market analysis, and sometimes, the counsel of experienced professionals. It's a mix of strategic foresight and practical action—make sure you plan accordingly and consider all possible outcomes before you proceed.

Legal Cannabis Retail Dispensary - Venice Blvd/Robertson(LA Arts Dist)

Los Angeles, CA

We own and manage a portfolio of successful retail dispensaries in Southern California. This location has both city and state permits and is undergoing a remodel prior to commencement of operations in...

$499,000

Cash Flow: $964,958

2

$499,000

Cash Flow: $964,958

Retail Cannabis Store For Sale In Snohomish County, WA

Lynnwood, WA

Own a premier Marijuana retail store in Washington State! Our spacious, turn-key dispensary awaits! With a 4.8-star rating on Google, our establishment stands as a beacon of excellence in Snohomish...

$1,000,000

$1,000,000

Cannabis Delivery Service

Sacramento, CA

2mil+ sales/yr 10k+ loyal customer base 2-300 new members/month Top rank SEO Sacramento and surrounding areas Brand new website 150k inventory 50 deliveries/day 5 yr lease 2 yrs into it 4k rent/month...

$1,250,000

Cash Flow: $150,000

8

$1,250,000

Cash Flow: $150,000

Profitable, family owned HVAC Company~ Owners Retiring~ SB County

San Bernardino County, CA

Local, family owned, HVAC business with a 40 year history of great service, confident reputation, and consistent profit margins. Company has been generating $3,000,000 annual gross revenue with...

$1,750,000

$1,750,000

Marijuana Retail operating store in Seattle

Seattle, WA

Excellent sales increases over 2022, atypical of the industry. Leverage potential with new ownership by upgrading social media and online presence. Fully operational, vetted, entitled and compliant....

$1,650,000

Cash Flow: $480,000

$1,650,000

Cash Flow: $480,000

Additionall Price Reduction - 3 Retail Marijuana Retail Stores

Seattle, WA

$5,750,000 for 3 operating performing retail marijuana stores and licenses located close to I-5 Freeway in Washington State. 2021 sales $ 7,70,000. Net profit for 2021 was $2,100,000. Stores rents are...

$5,750,000

$5,750,000

Profitable Cannabis/Hemp Fertilizer & Grow Media Company

Bend, OR

Since the legalization of non-medical cultivation and uses of cannabis in Oregon in 2014, Dakine 420 has led the market in the development, production, and distribution of science-based powdered...

$420,000

Cash Flow: $90,000

$420,000

Cash Flow: $90,000

Cannabis Accessory Innovation: Lucrative Business Ready for New Owners

Los Angeles County, CA

Embark on a dynamic journey through the cannabis accessory industry. Established in 2018, this venture began with the discovery of a natural adhesive, setting the stage for continuous growth....

$750,000

Cash Flow: $355,850

$750,000

Cash Flow: $355,850

Chocolate & Gummy Manufacturer with Laboratory & Hemp License

North Miami, FL

**Business Overview** **Sector:** Hemp and Cannabis Products Manufacturing / Confectionery Manufacturer **Products:** Disposable Vapes, Vape Cartridges, Tinctures, Pre-Rolls, Blunts, Chocolate...

$1,299,999

24

$1,299,999

Turnkey dispensary for sale

Las Cruces, NM

Locally owned and operated, Empire Cannabis is a Cannabis Manafacturer Class 1 and Cannabis Retailer located in Las Cruces New Mexico. This is a great opportunity for someone who is looking to expand...

$99,999

$99,999

Legal Cannabis Retail Dispensary - La Brea Ave & 6th Street

Los Angeles, CA

We own and manage a portfolio of successful retail dispensaries in Southern California. This location has both city and state permits and is undergoing a remodel prior to commencement of operations in...

$499,000

Cash Flow: $964,958

2

$499,000

Cash Flow: $964,958

Profitable Ecommerce Smoking Accessory Shop

Los Angeles County, CA

Embark on a dynamic journey through the cannabis accessory industry. Established in 2018, this venture began with the discovery of a natural adhesive, setting the stage for continuous growth....

$700,000

Cash Flow: $355,850

$700,000

Cash Flow: $355,850

Contact me
Asset Sale

15,392 Sq. Ft. Greenhouse grow asset sale with operation opportunity

Parker, CO

Open to reasonable Offers or creative purchase agreements! Asset Sale Turn-key grow operation located 15 minutes east of Parker. on 1 acre agriculturally zoned in Elbert County. Buildings have not...

$150,000

6

$150,000

Asset Sale
Real Estate

Marijuana Cultivation Facility

Pueblo, CO

Offering a tier two licensed state of the art Green House located in Pueblo County. License allows the growing of 3600 plants and can be increased to 10,800 plants. Green house is located on a 40 acre...

$2,900,000

3

$2,900,000

Real Estate
Real Estate

Oklahoma Medical Cannabis Grow, Processor & Dispensary

Norman, OK

In our fourth year of operation. OMMA and METRC Compliant. One Owner, 4.0 acres in Cleveland County Unincorporated area. Property includes 3-bedroom 2 bath home surrounded by an 8-foot metal fence...

$1,250,000

$1,250,000

Real Estate

Cannabis Retail Dispensary - Amazing Location

Los Angeles, CA

Amazing opportunity to purchase a fully built out dispensary Space: 2,900 Sqft Lease: $11,700 per month Lease Terms: Long term lease in place Fully built out Extremely safe and secure complex Parking...

$1,200,000

$1,200,000

Cannabis Tier 2 Cultivation & Real Estate For Sale (Grant Pass, OR)

Grants Pass, OR

Great opportunity in the thriving Oregon cannabis industry! For sale is a premier light deprivation farm with an active Tier 2 License, ensuring a seamless transition into operations. This turnkey...

$950,000

$950,000

Profitable Cannabis Indoor Cultivation (Portland, OR) #919

Portland, OR

Amazing opportunity to acquire a one-of-a-kind Cultivation operation located in Portland, Oregon (Population +641k). The company’s core values are quality, consistency, and premium value. The facility...

$1,250,000

$1,250,000

Four Twenty Bank Dispensary & Lounge

REAL ESTATE INCLUDED

Palm Springs, CA

We are thrilled to present a unique opportunity to own a dispensary for sale in the vibrant city of Palm Springs. Nestled in the heart of Southern California, this dispensary offers an unrivaled...

$9,500,000

$9,500,000

Cash Flow: $542,772

REAL ESTATE INCLUDED

Cannabis Conditional Manufacturing & Cultivation Licenses (Ewing, NJ)

Ewing Township, NJ

Looking to dive into the flourishing cannabis sector? We’ve got just the opportunity for you! Positioned in Ewing, New Jersey, this impressive 32,894 sq ft warehouse space is fully built out and...

$499,000

$499,000

Cannabis Turnkey Testing Laboratory Business (Irvine, CA)

Irvine, CA

Great opportunity for a state-of-the-art Cannabis Testing Lab located in Irvine, California. This turnkey business, infused with a $3.5 million investment in buildout, licensing, etc is now ready for...

$1,500,000

$1,500,000

Operational Cannabis Delivery Business For Sale (San Francisco, CA)

San Francisco, CA

Looking to establish or expand your presence in the San Francisco cannabis industry? This prime 700 sq ft retail space, available for lease, offers the perfect opportunity. Situated conveniently near...

$499,000

$499,000

License Tier 5 Cannabis Retailer & Annual License (Jersey City, NJ)

Jersey City, NJ

This listing presents a rare opportunity to acquire a Cannabis Class 5 Dispensary business in New Jersey. The business has obtained all necessary local approvals for retail operations, and its annual...

$2,490,000

$2,490,000

Profitable, Fully Compliant Cannabis & Hemp Testing Laboratory

Los Angeles County, CA

Opportunity to acquire a leading cannabis testing laboratory in Southern California. One of a select group of established labs with a consistent track record of strong financial performance and highly...

$3,100,000

$3,100,000

Cannabis Dispensary Business (New Jersey, USA) # 1230

Hoboken, NJ

Great opportunity for a Cannabis Class 5 Dispensary business in the highly coveted state of New Jersey. The business sits on a substantial 12,000 SqFt facility that has secured full approvals at both...

$3,290,000

$3,290,000

Portable Dispensary Cannabis License ( North Hollywood, CA)

North Hollywood, CA

The opportunity being presented involves acquiring a portable social equity provisional retailer license in North Hollywood, California. The portable license offers flexibility for a new owner to...

$349,000

$349,000

Discover the High Life! Own your own Hydroponic retail store...

Hadley, MA

Discover the High Life! Own your very own piece of the booming cannabis industry with our exceptional Grow Your Own Weed retail store. This golden opportunity awaits an eager entrepreneur ready to...

5

$164,000

$164,000

Cash Flow: $77,000

Large Greenhouse Operation with Manufacturing + Dispensary

REAL ESTATE INCLUDED

Montana

One of the largest grow locations in recreational use legal Montana. Grow real estate includes over 7 acres between two parcels. The first includes 3 commercial buildings totaling over 9,000 sq. ft....

$6,750,000

$6,750,000

REAL ESTATE INCLUDED

Beauty & Cosmetics Manufacturer for Sale

Indianapolis, IN

Established in 2016, this Company started as a consulting side venture by its founder, a beauty entrepreneur who built her brand from her college dorm and later moved to China to explore manufacturing...

$1,800,000

$1,800,000

Cash Flow: $474,000

Established Brand Cannabis Delivery Business. (Sacramento, California)

Sacramento, CA

If you are looking to expand your company’s footprint in the heart of the Sacramento area through an established brand and company with high revenues, this is the opportunity for you. The business is...

$849,000

$849,000

Cannabis Dispensary & Delivery Business (Santa Barbara, CA) #1298

Santa Barbara, CA

Description : Unique opportunity to acquire a Branded Cannabis Retail & Delivery Business in Santa Barbara County, (Population +88k). The business is in a great location, right off the highway 246!!!...

$265,000

$265,000

Cannabis Beverage Manufacturing & Distribution (Nevada City, CA) #1275

Nevada City, CA

This unique opportunity presents an ideal chance for investors to acquire a turnkey operational beverage manufacturing operation capable of producing up to 1 million bottles annually. The owner...

$499,000

$499,000

Cannabis Indoor Cultivation (Riverside County, CA) #1265

Riverside, CA

This is a one of a kind opportunity to acquire an indoor cultivation business in Riverside County. The location is an indoor cultivation facility with up to 10,000 sq ft of canopy on 5 acres of...

$899,000

$899,000

Cultivation Distribution Delivery (North Hollywood, CA) #1274

North Hollywood, CA

Amazing opportunity to not only acquire a fully operational Indoor Cultivation & Distribution business in North Hollywood, but also the Real Estate! Currently operational the business generated $2...

$2,900,000

$2,900,000

Operational Dispensary & Delivery (Long Beach, CA) #1273

Lakewood, CA

This exceptional opportunity presents a fully operational and licensed cannabis Dispensary & Delivery business nestled in the heart of Long Beach, CA, a bustling city with a population of 450k. The...

$1,500,000

$1,500,000

Cultivation, Nursery, Manufacturing, Distribution & Retail

REAL ESTATE INCLUDED

Mount Shasta, CA

60% Down Gets You In The Door!!! Great opportunity for a multi-use cannabis property in Trinity County! Not only does the business stand out for its impressive facilities and diverse services but also...

$1,199,000

$1,199,000

REAL ESTATE INCLUDED

Cannabis Manufacturing Business (Needles, CA) #1242

Needles, CA

Unlock the potential of a fully built-out cannabis manufacturing Type 7 business, including the prime real estate it operates on. Priced at $3.8M, this investment presents a rare opportunity with the...

$2,500,000

$2,500,000

Brian Lagrange

eXp Commercial

Serving Charlottesville County, VA

Exp Commercial is a leading, full-service business brokerage firm that operates at the nexus of business opportunities. Established in 2017, our team of experienced professionals has been dedicated to guiding business owners and buyers through the intricate process of buying or selling a business. Whether it's a small family-owned shop or a multi-million-dollar corporation, we handle transactions with the utmost discretion, integrity, and dedication. Why Choose Exp? Experience and Expertise: With over 50 combined years of experience in the industry, we have facilitated countless successful transactions across various sectors. Our team's deep knowledge enables us to navigate the complexities of any deal. Personalized Service: We recognize that every business is unique. That’s why we take a tailored approach, understanding the specific needs and aspirations of each client, ensuring an optimal fit for both buyers and sellers. Integrity and Trust: Our reputation is built on honesty and transparency. We maintain open communication throughout the transaction process, fostering trust and ensuring all parties are informed and confident. Vast Network: Over the years, we've cultivated a vast network of investors, entrepreneurs, and industry professionals. This allows us to identify potential buyers or businesses for sale that might not be available on the open market. Turnkey Solutions: From business valuation, due diligence, negotiations to finalizing the sale, we provide a seamless experience. Our end-to-end services mean clients can focus on their current operations while we handle the transaction. After Transaction Support: We will provide tax shelter strategies after the final transaction to ensure you walk away with the value you deserve from your business sale.

Contact Me >

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Cannabis MicroBusiness For Sale (Concord, CA) #1156

Concord, CA

If you are looking to secure a Micro Business license in the Contra Costa County market this is the opportunity for you! Great opportunity to take over not one but three licenses Concord, CA (Pop...

$135,000

$135,000

Operational Cannabis Testing Lab (Sacramento, CA) #1235

Sacramento, CA

Great opportunity for a state-of-the-art Cannabis Testing Lab located in Sacramento, California. This turnkey business, infused with a $3 million investment, is now ready for a visionary owner to...

$1,999,000

$1,999,000

Cannabis Cultivation Property Fro Sale (California City, CA) #1226

California City, CA

This California City property zoned and approved for Cultivation in California City (2 Hrs North of LA). The property is 5 Acres. The Site Plan has been approved and CEQA has been submitted. The...

$2,700,000

$2,700,000

Cannabis MicroBusiness For Sale (Oakland, CA) #1183

Alameda, CA

This is an excellent opportunity for someone looking to acquire an established MicroBusiness Delivery, Manufacturing, and Distribution business in Oakland, CA (Pop +433k)! The licenses are held in a...

$575,000

$575,000

Cannabis MicroBusiness For Sale (Northampton, MA) #1138

Northampton, MA

Turnkey MicroBusiness Cannabis Cultivation, Manufacturing & Transport Business for sale in Northampton, Massachusetts. The business has one year in Operation, with a successful track record, this...

$649,000

$649,000

Cannabis Dispensary & Delivery Property (Lake Elsinore, CA) #1187

Lake Elsinore, CA

Seize the opportunity to own a prime property with an existing cannabis dispensary local license in bustling Lake Elsinore, CA. This 4,400 SqFt building, with an approved conditional use permit at the...

$1,200,000

$1,200,000

Cannabis Cultivation & Distribution Business (Grass Valley, CA) #1136

Grass Valley, CA

Looking to take your cannabis cultivation aspirations to the next level? We have the perfect opportunity for you! Presenting a thriving cannabis cultivation greenhouse and distribution self transport...

$2,490,000

$2,490,000

Cannabis Cultivation Business For Sale (Crescent City, CA) #1142

Crescent City, CA

Great opportunity for an operational, fully licensed cannabis cultivation business in the picturesque locale of Crescent City, California! This turn-key operation spans across 11,200 sqft of canopy...

$1,900,000

$1,900,000

Cannabis MicroBusiness with Real Estate (Desert Hot Springs, CA)#1164

Desert Hot Springs, CA

Cannabis MicroBusiness Dispensary, Delivery, Manufacturing, and Distribution with Prime Real Estate For Sale in Desert Hot Springs, CA (Pop +32k)! Located in the heart of Desert Hot Springs, this 5500...

$1,699,000

$1,699,000

Cannabis Dispensary License For Sale (Salinas, California) #1173

Salinas, CA

Amazing opportunity for a cannabis dispensary retail business located in Salinas, CA (Pop. +162k). The business is not operational and the building plans are in the final phase of approvals for the...

$1,275,000

$1,275,000

Cannabis Dispensary Business For Sale (Solano County, CA) #1171

Fairfield, CA

Great opportunity for a cannabis dispensary opportunity in Solano County (Pop. +450k). The owners have secured a lease and have started the process of applying for the cannabis dispensary license,...

$1,275,000

$1,275,000

Cannabis Dispensary Retail License For Sale (Moreno Valley, CA) #1170

Moreno Valley, CA

Amazing location for anyone looking to expand their Cannabis Retail footprint in Moreno Valley, Ca ( Pop. +200k). The business is located in a great location, right off the freeway that could be seen...

$1,275,000

$1,275,000

Cannabis Cultivation & Distribution Business (Moss Landing, CA) #1167

Moss Landing, CA

Excellent opportunity to acquire a Fully Operational Indoor Cultivation and Distribution business at a beautiful harbor in the Monterey Bay. The Specialty Indoor Cultivation license allows for 5k Sq...

$2,200,000

$2,200,000