Missouri cannabis company grows into flower, buying massive Kansas City grow facility
November 4, 2022 | Startland News Staff
A Springfield-based cannabis company is acquiring a massive growing and manufacturing facility in Kansas City, positioning Show-Me Organics as a vertical player in the budding Missouri marijuana market.
The deal to purchase the local 80,000-square-foot cannabis operation from Holistic Industries — one of the nation’s largest, private multi-state operators in the cannabis industry — is expected close upon approval by the Missouri Department of Health and Senior Services. Financial details of the transaction were disclosed.
Boston Dickerson, Show-Me Organics
“We believe we are acquiring the best-designed grow facility in the state, and we tip our caps to Holistic Industries for perfecting the design and process through build outs in nine other states,” said Boston Dickerson, the Kansas City-based co-founder and CEO of Show-Me Organics. “This is a one of a kind opportunity, from the staff, to the facility, to the genetics.”
The facility is already operational and produces more than 1,000 pounds of high-quality flower per month for dispensaries throughout Missouri, according to the company. Washington, D.C.-based Holistic Industries recently entered the Missouri market under the Strane brand, and sells in about 30 dispensaries statewide.
Show-Me Organics will acquire the genetics and flower currently being produced, along with rigorous standard-operating procedures that consistently produces cannabis at THC levels between 25 percent to 33 percent, the company said. Included in the genetics are highly sought-after strains like Florida Kush, which will now be sold by Vivid — one of four cannabis brands operated by Show-Me Organics.
The company also includes Missouri’s Own, Buoyant Bob, and Blue Sage, which with Vivid are collectively sold in 95 percent of Missouri dispensaries, according to Show-Me Organics.
Its just-announced acquisition adds significantly to Show-Me Organics’ portfolio of two dispensaries, manufacturing, and transportation services. The company plans to take on about 60 employees at its newly acquired manufacturing plant, while continuing to operate its lab in Springfield.
Founded in 2019, Show-Me Organics is Missouri owned and built on a history of serving Missouri patients through family owned pharmacies for more than 30 years, the company said.
Click here to learn more about Show-Me Organics.
This story is possible thanks to support from the Ewing Marion Kauffman Foundation, a private, nonpartisan foundation that works together with communities in education and entrepreneurship to create uncommon solutions and empower people to shape their futures and be successful.
For more information, visit www.kauffman.org and connect at www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn
2022 Startups to Watch
stats here
Related Posts on Startland News
Stripping Missouri’s supplier diversity goals stifles state’s prosperity potential, says women’s business advocate
Ending nearly a decade of benchmarks that helped ensure greater equity in state contracts for businesses owned by minorities and women is a move in the wrong direction for Missouri, said Jennifer Brungardt, emphasizing the coming impact of lost opportunities for underrepresented entrepreneurs. “Diversity and economic growth will be stifled without proper support from our…
Capital connector’s message to women: Your investor pool isn’t just sharks; dive in and learn to swim
When it comes to navigating the waters of capital and equity, Women’s Capital Connection angel investment network and the Women’s Business Center serve as a guide to both entrepreneurs and investors, Kelly Sievers shared. “All the education that we do and all the connections that we make, I would say that’s really the key,” explained…
Entrepreneur behind Soul of Santa aims to create Rockefeller Plaza holiday experience on KC’s east side
Tucker Lott hopes an outdoor ice skating rink at 2000 Vine — the home of Vine Street Brewing — will help solidify a new holiday tradition in the 18th and Vine entertainment district, the veteran entrepreneur said. “We wanted to create a holiday atmosphere where families could gather and have fun,” said Lott. “The entire…
Proptech startup Particle Space acquired by LA real estate marketing software firm
The acquisition of a Kansas City proptech startup by one of its first — and biggest — customers offers founder David Biga the opportunity to pivot back to his entrepreneurial roadmap, he said, reflecting on next steps once Particle Space’s technology is fully integrated into its new home. “Build, give back, build, give back,” Biga…