Florida Cannabis Business for Sale
Are you interested in a Florida cannabis business for sale? Would you like to buy a Florida MMTC license? You are in the right place. The seller is selling a medical marijuana treatment center license with one cultivation location and five dispensaries, with the ability to add more dispensaries.
The Florida market is one of the strongest in the country. Medical marijuana sales in Florida are estimated at $2 billion annually by 2025, according to MJBiz Daily. For some context, below are recent acquisitions of Florida MMTCs:
- December 2020: Ayr Wellness acquired Florida-based Liberty Health Sciences for $290 million in stock.
- January 2021: Cresco Labs acquired Bluma Wellness (aka One Plant Florida) for $213 million in stock.
- September 2021: Planet 13 Holdings purchased Harvest’s vertical medical marijuana license in Florida for $55 million (just for the license alone).
In this article, you will find a general description of the MMTC license for sale, including the location and price range.
Location of Florida cannabis business for Sale
The Florida MMTC for sale comes with a cultivation/processing facility and five dispensaries (with the option to add more). The five dispensaries are located in:
Are you interested in learning more about the Florida medical marijuana treatment center (MMTC) business for sale? Fill out the contact form below to speak with our Florida cannabis consultants.
General Description of the MMTC for Sale in Florida
The MMTC license will allow the buyer to sell medical cannabis to the growing 780,000+ patient population in Florida.
More specifically, the Florida cannabis business for sale will permit the buyer to:
- Transport; and
- Dispense medical cannabis to patients.
The MMTC licenses are extremely valuable since you can open an unlimited amount of dispensaries across Florida with just a single license.
Are you interested in buying the Florida cannabis business license for sale? If so, please fill out the contact form below to speak with one of our cannabis M&A brokers.
Quantum 9’s cannabis M&A advisors have helped complete over $42M in transactions within the last twelve months.
Why we’re bullish on the Florida Cannabis Market
Robust Medical Cannabis Market
Florida has the largest medical cannabis market in the state, with just over 789,000 patients (as of February 2023). While it is only a medical cannabis market, Florida is still the fourth highest revenue-generating state in the cannabis industry (the top three are adult-use).
That is why we belive this Florida cannabis business for sale holds tremendous upside.
High Likelihood of Adult-use Legalization
Adult-use cannabis is inevitable in Florida. Over $25.5 million has been used toward campaigning for adult-use legalization. Industry experts predict there is a high likelihood of adult-use being passed in 2024.
Poised to be the largest cannabis market
Once adult-use passes, Florida is poised to become the largest cannabis market in the country. By acquiring the MMTC license for sale, you’ll get your foot in the door at an early stage and will have the first to market advantage upon adult-use legalization.
21.8M Residents and 130M Tourists Annually
With over 21.7 million residents and 130 million tourists annually, Florida has the potential to become the largest cannabis market in the world. Reach out to learn more about the Florida cannabis business for sale.