Medical Cannabis Business For Sale

14 days ago

Location:
Melbourne 3000 > Melbourne - Greater > Victoria

Investment level:
$500,000 (Negotiable) + SAV

Type:
Business

Industry:
Health, Beauty & Fitness > Health & Medical > Pharmacy

Private Seller

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Summary

Want to get into the Australian Cannabis Industry but dont know how? Well...we have done the hardwork for you! We have everything you need to start and no experince needed, full training provided.

Reason for Sale

We have spent 3 years on getting the company to where it is and due to other projects need to sell the business.

About the Business

Once in a lifetime opportunity to get into the burgeoning medical cannabis business in Australia.
TGA recently announced the down scheduling of medical cannabis to S3 which means that it will be sold over the counter in pharmacies from Feb 2021.
All licences, permits and products are ready to go and have been selling into the market with amazing feedback for over 2 years.

Over 300+ patients scripted.
We have our own formulations that are imported from Switzerland and many contacts across Europe and North America and can source any type of finished product or raw material if you decide to change formulations / products
Products cost as low as $7USD and sell for upwards of $300+ - margins are insane
Comes with the only commercial agreement with one of the largest pharmaceutical distribution companies in Australia
The business is ready to scale and needs someone to take it to the next level!

The board which consists of CEO's, enturpenuers and pharmacists are willing to stay on board and assist with scaling the company into the future.

Once in a lifetime opportunity to get involved in the green rush with no expereince needed
Get in contact to learn more about the opportunity

History

- All drug and SAS approvals to supply (S4 & S8)
- All approvals to import cannabis (S4 & S8)
- 300+ patients
- Existing doctor network
- Pharmaceutical distribution agreement with one of the largest pharmacy networks in Australia
- All stock included
- Board willing to stay on and guide new owners (currently in the space on another project for the long-term)
- Low overheads
- Suit professional wanting to get into the market quickly and take advantage of 3 years of hard work
- Easily scalable and work remotely

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