Niche Manufacturer of Patented Cannabis Extraction Booths and Equipment
Nevada
Client Code: BN000058010
Revenue (Internal): $2,989,182
EBITDA (Internal): $704,665
The Company is an equipment supply provider for the cannabis extraction industry, focusing on Class 1 Division 1 extraction rooms and stainless steel extraction equipment.
Key Aspects
- From 2020 through 2023, the Company's adjusted EBITDA grew at a compound annual growth rate (CAGR) of 36.4%.
- The Company has been instrumental in setting safety standards and providing essential training for fire marshals and building departments, solidifying its reputation as a trusted leader in the industry.
- The Company has access to a dedicated exclusive team of engineers who deliver comprehensive fire, mechanical, engineering, and plumbing (MEP) services, offering turnkey solutions to customers.
- The Company has been granted patent for modular extraction booth and is working with a team on a funded campaign for litigation in conjunction with current process patents associated with extraction.
- The Company has gained market share efficiently through high organic SEO and low budget marketing.
Opportunities
- Ownership notes that with potential funding, the Company can significantly scale sales by attending key industry conferences and expanding its marketing budget.
- The Company has the potential to expand into any industry that utilizes solvents in processing or relies on stainless steel processing equipment.
- The reclassification of marijuana as a schedule III drug under the federal Controlled Substance Act will pave the way for businesses to secure bank funding for equipment purchases, driving significant sales growth for the Company.
- Opportunity to lower cost of goods by ordering wholesale parts for products and manufacturing / powder coating panels for extraction booths.
Headquartered
- Nevada
Current Markets
- The Company serves a diverse range of extraction companies in the cannabis industry.
Real Estate
- The Company operates from a 10,000 square foot facility in Carson City, which is leased from an unrelated third party.