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
Build Trybe outgrows incubator mode, taking over Maker Village KC to train at-risk youth in trades
When Nick Ward-Bopp launched Maker Village KC more than five years ago near Martini Corner, he never dreamed the maker space would incubate a program for at-risk youth that ultimately would build beyond it. Set up in a once-vacant Midtown building he rehabbed with co-founder and longtime friend Sam Green, the space started as a…
Fund Me, KC: Tangible launching ‘magical pillow’ that shares physical touch with far-away loved ones
Startland News is continuing its “Fund Me, KC” series to highlight area entrepreneurs’ efforts to accelerate their businesses or lend a helping hand to others. This is an opportunity for business owners and innovators — like Akshay Dinakar and the launch of his Tangible “magical pillow” — to share their crowdfunding stories and potentially gain…
LaunchKC shines spotlight on founders as first social venture studio cohort takes the stage
Tying Jerren Thornhill’s social venture to the footwear industry jogs a logical path, the founder said: re-selling used shoes was a $2 billion industry in 2021, and more importantly: “Kids love shoes.” His startup, One Pair — founded in 2020 to provide teenagers with a pathway to financial security through entrepreneurship while simultaneously minimizing their…
System set up to ‘suck the life’ out of formerly incarcerated people takes a hit with new microloan deal
A recently announced agreement is expected to help returning citizens break a cycle of struggle that’s historically been reinforced by a criminal justice system advocates say is set up to make them fail, said Kyle J. Benson-Smith. The Kansas City District SBA Office and two local nonprofit organizations held a public signing ceremony Wednesday afternoon…