An established cannabis education business, with a history spanning ten years, operates primarily through organic SEO, contributing to over 70% of its traffic. In 2021, the business generated $198,000 in revenue without engaging in any marketing efforts, and the current owners dedicate less than four hours a week to its operations. The business has significant potential for growth, particularly given the burgeoning cannabis industry. It operates without the complications often associated with cannabis businesses and presents new owners the opportunity to enhance revenue through the introduction of new courses and minimal marketing.
Operational responsibilities are minimal, with the current owners managing student support and resolving technical issues. The content is created by renowned industry experts, and multiple companies utilize these courses for employee training. Since its inception in 2012, coinciding with Colorado's legalization of cannabis, the business has attracted a global student base who earn certifications to bolster their career prospects in the cannabis sector or to expand their personal knowledge.
The current owners have shown limited involvement since 2018, affecting aspects like marketing and the jobs board, which has led to a decline in revenue. However, with renewed focus and effort, there is potential to reach peak revenue levels. The decision to sell stems from the owner's intent to allocate time to other ventures. This business, positioned at the forefront of a growing industry, offers abundant opportunities for strategic growth under new leadership.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself, or use our new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More