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

        Novel Capital, Pipeline join forces to help members gain easier access to evasive non-dilutive capital

        By Tommy Felts | February 27, 2023

        A fintech startup launched by two veteran founders is extending its services to members of the elite Pipeline network in a bid to make non-dilutive capital more accessible to startups across the region. Novel Capital, an Overland Park-based fintech growth platform that helps B2B businesses accelerate their growth, recently announced plans to help companies led…

        United Way launching $2M fund with Kauffman to back nonprofits that serve people of color

        By Tommy Felts | February 27, 2023

        A new Nonprofit Catalyst Fund is expected to help the United Way of Greater Kansas City invest in advancing small nonprofit organizations that serve Black, Latino, and other people of color in the community, said Essence Yancey. “We believe that small, nonprofit organizations within communities of color play a key role in addressing a range…

        Kauffman funds help Holy Rosary pilot new lending model to boost equitable access to capital

        By Tommy Felts | February 27, 2023

        When a traditional bank may not be able to justify lending additional funds to an entrepreneur struggling to get their business off the ground, Holy Rosary Credit Union is uniquely positioned to help people achieve that evasive upward mobility — regardless of race, gender, or geography, said Carole Wight. A $3.3 million grant from the…

        Attention passengers: Prepare to fill your carry ons with local goods when KC’s new terminal opens

        By Tommy Felts | February 24, 2023

        Local businesses are a significant part of Kansas City’s story, Tyler Enders said, and the new terminal at the Kansas City International Airport gives travelers coming into the city the perfect prologue. “Right when people land in Kansas City, they will be introduced to local artwork, local restaurants and local retail brands. When they go…