Proper Cannabis
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Proper Cannabis of Norman is a locally owned medical marijuana dispensary in Norman, Oklahoma, serving medical patients. It offers flower, pre-rolls, vape pens, concentrates, edibles, drinks and wellness products.
From the company's website. Industry: Doctors & clinics.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Proper Cannabis this business | $1.5M | — |
| CRYSTAL SPARLING Norman · 2 employees | $632K | 0.3 mi |
| CLIFTON L WHITESELL, MD, PLLC Norman · 1 employees | $523K | 0.4 mi |
| Gladiator Cannabis Norman | $1.5M | 0.5 mi |
| Green Buffalo Norman | $1.5M | 0.5 mi |
| Adam Edward Starr Norman | $1.5M | 0.5 mi |
| Tommy Joe Bishop Norman | $1.5M | 0.5 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.1M |
| Multiple for this size and industry | 3.3× |
| Value range | $298K – $1.7M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Offices of Physicians businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (22%). Treat these as a rough guide.
| Revenue range | $523K – $1.9M |
| EBITDA range | $113K – $417K |
| Industry (NAICS) | Offices of Physicians (6211) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Proper Cannabis
Proper Cannabis is a doctors & clinics company in Norman, Oklahoma, in business since 2008. Its estimated annual revenue is about $1.5M, with roughly $326K of EBITDA. Its estimated business value is $1.1M (likely range $298K–$1.7M).
Common questions
- Who owns Proper Cannabis?
- The owner of Proper Cannabis isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Proper Cannabis make?
- SeeBITDA estimates Proper Cannabis's annual revenue at about $1.5M (likely between $523K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Proper Cannabis worth?
- About $1.1M, roughly 3.3× its estimated EBITDA of $326K, typical for a doctors & clinics company its size. Likely range: $298K–$1.7M.
- When was Proper Cannabis founded?
- Proper Cannabis has been in business since 2008.