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.

[divide]

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

        Animal health firms can now apply for key Kansas City investor forum

        By Tommy Felts | January 12, 2016

        The Kansas City Animal Health Corridor is now accepting applications for its eighth-annual investor forum that brings together the top decision makers in the animal health industry. The forum — set for Aug. 30 — will welcome dozens of venture capital organizations from around the world and offer animal health companies the chance to score…

        ‘I’ve been breaking bureaucracies for 24 years’ Kansas City’s new CIO opens up

        By Tommy Felts | January 12, 2016

        There’s a new hand at the helm of Kansas City innovation, and it belongs to that of Bob Bennett. A 24-year veteran of the U.S. Army, Bennett kicked off his tenure as the second-ever chief innovation officer of the City of Kansas City, Mo. on Jan. 1, taking the lead on an array of civic…

        Advisors, role models and the importance of ‘champions’

        By Tommy Felts | January 8, 2016

        “What types of support relationships do you find beneficial as a startup founder?” I asked a group of six women founders this question as part of a whiteboard conversation conducted last year by WhiteSpace Consulting and Startland News. Their answers reveal a broad range of support relationships, including one that is a must-have for every…

        Crowdfunding law has changed, here’s what you need to know

        By Tommy Felts | January 7, 2016

        Editors note: This piece was originally published Jan. 7, 2016. The Securities and Exchange Commission’s expanded rules for equity crowdfunding went into effect May 16.    This past October, the SEC unveiled its final equity crowdfunding regulations set to take effect May 16. For the first time in the U.S., entrepreneurs will be able to…