Property Description

Asking Price: $75,000

CloneSmart.com is an exceptional acquisition opportunity for those interested in entering the rapidly growing cannabis genetics marketplace. The acquisition presents a unique opportunity to enter a high-growth industry with a well-developed, customizable platform that has already received substantial investment and development efforts.

Despite being pre-revenue, the platform offers significant potential for growth and profitability.

Key Highlights

• Pre-Revenue Stage: CloneSmart.com is currently at the pre-revenue stage, providing a fresh start for the new owner to implement their strategic vision and monetization plans.
• Investment and Development: Over $35,000 and a year of development have been invested in building the platform, resulting in a robust and feature-rich marketplace.
• Custom WordPress Theme: The platform is built on a custom-developed WordPress theme, leveraging open-source code for flexibility and scalability.
• Technical Requirements: The new owner will need to have advanced knowledge of WordPress development or be prepared to hire a developer to maintain and customize the system according to future needs.

Owner’s Motivation

Competing Business Priorities: The current owner is selling CloneSmart.com due to other competing business priorities, creating an opportunity for a new owner to take over and drive the platform’s growth.

Executive Summary

Mission Statement

To revolutionize the cannabis and hemp genetics marketplace by providing a comprehensive, user-friendly platform that connects buyers and sellers, ensuring access to the highest quality and variety of clones and seeds.

Vision Statement

To be the leading global marketplace for cannabis and hemp genetics, fostering innovation and growth in the industry through reliable and efficient access to premium genetics.

Overview of Business

CloneSmart.com offers a robust online platform that enables users to search for and purchase a wide range of cannabis and hemp genetics, including clones, seeds, and tissue cultures. The platform operates under two potential business models:

1. Pure Marketplace Model: Similar to WeedMaps.com, this model focuses on connecting buyers and sellers of cannabis clones and genetics without handling the products directly.
2. Licensed Distribution Model: This model allows CloneSmart to add a margin to user accounts and bill users based on their monthly sales, providing an additional revenue stream and enhancing the value proposition for users.

CloneSmart features detailed product listings, advanced search functionalities, and a strong network of nurseries and seed banks, ensuring a seamless and efficient user experience. The platform does not directly sell, distribute, transport, or store cannabis or hemp products, maintaining compliance with legal regulations by ensuring all products contain no THC or have a maximum THC level of 0.3%​. Doing so allows CloneSmart the ability to achieve its stated vision of becoming the leading global marketplace for cannabis and hemp genetics.

Learn more about this acquisition opportunity by executing our Non-Disclosure Agreement.