Happy Hemp Medical Marijuana Dispensary
How we got $381K
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 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Happy Hemp is a medical marijuana dispensary in Durant, Oklahoma, serving Oklahoma licensed patients. It offers cannabis products such as flower, edibles, tinctures and concentrates.
From the company's website. Industry: Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Happy Hemp Medical Marijuana Dispensary this business | $2.1M | — |
| Dealers Electrical Supply Durant | $2.9M | 0.0 mi |
| Big Daddy's Discount Liquor Durant | $1.5M | 0.1 mi |
| Drawback Archery Durant | $2.0M | 0.1 mi |
| Play On Sporting Goods Durant | $2.0M | 0.1 mi |
| BRIDGING THE GAP TOGETHER INC Durant · 13 employees | $289K | 0.1 mi |
| 69 PAWN LLC Durant · 7 employees | $2.2M | 0.1 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 | $381K |
| Multiple for this size and industry | 2× |
| Value range | $119K – $626K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (9%). Treat these as a rough guide.
| Revenue range | $821K – $2.9M |
| EBITDA range | $74K – $261K |
| Industry (NAICS) | Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers (459991) |
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 Happy Hemp Medical Marijuana Dispensary
Happy Hemp Medical Marijuana Dispensary is a tobacco, electronic cigarette, and other smoking supplies retailers company in Durant, Oklahoma, in business since 2010. It is owned by Peter Lee (CEO). Its estimated annual revenue is about $2.1M, with roughly $190K of EBITDA. Its estimated business value is $381K (likely range $119K–$626K).
Common questions
- Who owns Happy Hemp Medical Marijuana Dispensary?
- Happy Hemp Medical Marijuana Dispensary is owned by Peter Lee (CEO), according to public sources such as the company's website or filings.
- How much revenue does Happy Hemp Medical Marijuana Dispensary make?
- SeeBITDA estimates Happy Hemp Medical Marijuana Dispensary's annual revenue at about $2.1M (likely between $821K and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Happy Hemp Medical Marijuana Dispensary worth?
- About $381K, roughly 2× its estimated EBITDA of $190K, typical for a tobacco, electronic cigarette, and other smoking supplies retailers company its size. Likely range: $119K–$626K.
- When was Happy Hemp Medical Marijuana Dispensary founded?
- Happy Hemp Medical Marijuana Dispensary has been in business since 2010.