OLCC/ORELAP TESTING LAB
PROFITABLE
2019 Net Sales Over $1.3 Million
960 ft.² HPLC Facility w/ Room to Expand
Logistically Desirable Location
Cannabis & Hemp Accredited
Only $1.2 Million!
Offer #203
Call Us Today!
(888) 743-0569

High Performance Liquid Chromatography (HPLC) System
Automated Moisture Analysis and Water Activities System/Instrumentation
Expand Up To 3000 ft.²

Rare Turnkey Marijuana Testing Lab, in Oregon’s Largest, Most Desirable Marijuana Market! There’s plenty of publicity regarding the explosive growth of the marijuana testing lab market, currently projected to be a $2 billion industry by 2025, and your acquisition of this turnkey Oregon marijuana testing lab offers even more coveted market conditions.

Lots of Customers! Based on December 2019 OLCC data, there are 1151 ACTIVE licensed marijuana producers in Oregon. There’s an additional 234 processor licensees, 168 wholesaler licensees, and 664 retail licensees currently operating in Oregon. There’s 1312 applications pending in the OLCC application queue and Oregon’s recreational marijuana licensing application window remains open for all license types except Producers.

LOTS of Inventory! According to OLCC/METRC data, Oregon marijuana producers harvested over 2.5 million pounds of marijuana last Croptober and, so far, this year’s harvest appears likely to surpass last year s production benchmarks. Every gram of that marijuana needs to be tested, and there are currently just 19 testing labs accredited to provide cannabis testing in Oregon.

Hemp too! Oregon industrial hemp stakeholders are required to test products using OLCC/ORELAP labs. There are currently over 1500 Oregon Department of Agriculture-licensed Industrial Hemp Registrants (Producers, Handlers, Seed Brokers).

Expansion Options! There is an additional up to 3000 ft.² currently available in the over 10,000 ft.² commercially zoned building, accommodating buyers with plans to scale up capacity and/or pursue additional markets.

Logistically Efficient! All of the benefits of a Portland-area location  and surrounded by restaurants, big-box stores, and just a 20 minute drive to the eastside of Portland, with quick access I-5 and Coastal routes.

Established Clients! Good sales relationships with almost 75 OLCC Producer licensees. Includes company sales book AND marketing support from Green Rush Advisory Group, LLC to help you connect with EVERY OLCC licensee!

Exceptional staff! Lab accreditation in Oregon requires credentialed expertise. The lab’s current technical director and quality manager are available for transitional or long-term support at negotiated terms. This valuable human capital could also contribute to market expansion. The lab’s current core staff has experience subcontracting and servicing nutraceutical industry stakeholders. The lab has the expertise, infrastructure and capacity to expand into that market.

Just $1.2 Million!
Call us today! (888)-743-0569
acquisitions@green-rush.us

CURRENT OLCC-APPROVED LICENSE AT LOCATION: TESTING LAB (NON-RESEARCH)
ASKING PRICE: $1.2 Million
COUNTY: TBD-Portland-Area
OPERATIONAL STATUS: Open and conducting business
ON OFFER: Business, Assets, Lease Assumption (Purchaser will assume lease and operate at existing location)
FACILITY SIZE: 957 ft.², possible expansion up to 3000 ft.²
CURRENT LEASE AMOUNT: $1,325.00 per month NNN
LEASE TERMS: Two years left on initial term, with two five-year options.
ANNUAL or MONTHLY REVENUES: $1.3 Million 2019
INCLUDED WITH SALE: (Equipment/Asset List Available)
SELLER STATEMENTS: Fully operation lab with full book of business.

Buy Smarter! The Green Rush Advisory Group, LLC offers a variety of WSLCB and OLCC Business acquisition strategies. Contact us today! (888) 743-0569 / www.Green-Rush.us. © 2020 Green Rush Advisory Group, LLC, Portland, OR, 97205. All Rights Reserved.