Missouri cannabis company grows into flower, buying massive Kansas City grow facility

November 4, 2022  |  Startland News Staff

Cannabis flower, photo by Cambridge Jenkins IV

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.

RELATED: Not all shops will be riding high if Missouri legalizes recreational cannabis, but even imperfect expansion ‘far worth the effort,’ advocates say

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

 

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged ,
Featured Business
    Featured Founder

      2022 Startups to Watch

        stats here

        Related Posts on Startland News

        Why Bay Area investors are shifting their gaze from tech to on-the-ground ag innovations

        By Tommy Felts | October 12, 2023

        Agriculture innovation is at a capital-fueled crossroads, said Josh Svaty, describing a growing appetite from well-funded West Coast investors who are hungry for high-yield Midwest solutions. Climate change — and the challenges it poses across industries — is seeding much of that interest, explained the Kansas farmer, former politician, and investor; speaking to Startland News before…

        Foresight announces $100K investment for its AI-fueled fintech fraud solution for banks

        By Tommy Felts | October 12, 2023

        Fresh off completing the Tulsa Techstars Accelerator and NXSTAGE fintech competition in Wichita, a busy Kansas City startup just announced a $100,000 investment from Northwestern Mutual. Foresight — an artificial intelligence platform from serial entrepreneur and investor Jannae Gammage — earned a spot in Northwestern Mutual’s Black Founder Accelerator program alongside four other Black-owned tech…

        Innovation center, investor hub set to open this month on Liberty campus, thanks to family’s gift 

        By Tommy Felts | October 11, 2023

        LIBERTY, Missouri — A significant financial gift to William Jewell College from a family of alumni is expected to fund a new innovation center opening on campus this month. The space is expected to serve as an investor hub and flexible workspace for Kansas City entrepreneurs. The Mathes Innovation Center — made possible by the…

        Sched now: Check out GEWKC’s just-launched, weeklong event lineup with 100+ sessions

        By Tommy Felts | October 10, 2023

        Organizers of Kansas City’s largest multi-day event series for entrepreneurs have opened registration for the Nov. 13-19 sessions, with a three-day, in-person base camp planned for Plexpod Westport at Park 39. “Global Entrepreneurship Week-Kansas City is the best way for the KC metro’s doers, dreamers and makers to gain new skills, make key connections and…