Flippa
FOR SALE
Business Name

Online Marijuana Business For Sale - Cannabis Canada

Business Model
Advertising
Industry
Business

$115,000

Asking Price
Multiple 3.1x
Canada Cannabis Mail Order Marijuana Dispensary Review Directory - Over $40,000 Ad Sales First 3 Month - Huge Potential in New Legal Marketplace in Canada - Get On The Green Rush.
This business owner has manually entered their financials

Facts and Figures

Location
Canada
Date of Founding
2018
Full-Time Staff
1 to 10
Annual Revenue
$58,187
Annual Expenses
$20,600
Annual Net Profit
$37,587
Profit and Loss
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month March 2019 April 2019 May 2019
Revenue $13,625 $14,550 $16,925
Expenses $5,850 $2,100 $1,300
Net Profit $7,775 $12,450 $15,625

Business Description

For sale is an early stage review directory for Mail Order Marijuana dispensaries in Canada. Like the Amazon of weed, we showcase all cannabis products our partners sell. Since launch in Feb2018 the business has turned over 50K revenue from ad sales and affiliate partnerships.

We do not carry and sell any cannabis products. We sell Cannabis advertising in Canada. Our biggest competitor WeedMaps, which is reported to make up to 30 million a month.

The main domain is https://buymailordermarijuana.ca/

We built the website over Nov, Dec and Jan, then soft launched in February. Sent an email out to a select groups of MOMs (Mail Order Marijuana Dispensary) and sold $2,500 in 3 days. Paused sales as we underestimated demand and needed to build out a bigger, more comprehensive offering.

After creating a more comprehensive advertising offering and a new Media Kit, we did a Big Launch on March 1st. Sent out some introduction emails and sold almost $15,000 in the first month of sales.

Interested in learning more? Check out my video interview here: https://buymailordermarijuana.ca/BMOM.mp4

How does your business make money?

Advertising Sales & Affiliate Commissions

Why should someone buy this business?

We have build a solid foundation and business. It has great potential for someone to take it over and give it the time and energy it needs to be scaled up as quickly as the industry demand.

How can the future owner improve this business?

Hire dedicated sales rep(s), continual development of the website and increase overall traffic.

Why are you selling this business?

We have too many projects on the go and this business is in a big growth phase right now. It needs someone that has the time and resources to scale it up, as quickly as the market demands. And we want to buy a piece of land :)

Business Strengths

  • The Business Is Currently Growing
  • Overall Market Size

Opportunities for a new owner

  • Start Selling into New Markets
  • Capitalise on the Emerging Market
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Managing Staff
  • Customer Support / Service
  • Website Maintenance

Marketing

  • Email Marketing
  • Influencer Marketing
  • SEO

Assets

  • Contracts (written or verbal) with customers and suppliers
  • Customer databases
  • Domains
  • Marketing materials and collateral
  • Policy and Process documents
  • Social media accounts
  • Website files, source code and content

Social Media

Twitter
1K followers
Instagram
39K followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

James Laker

Verified Account

Canada

Online entrepreneur with several successful residual income online businesses created. World traveler, looking to now buy some land and be with my family more :)

Contact