Preme Cannabis Company
How we got $786K
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
Preme Cannabis Co. is a dispensary in Tulsa, OK, listed on Leafly with medical cannabis and a veteran discount, according to its Leafly profile.
From the company's website. Industry: Confectionery and Nut Retailers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Preme Cannabis Company this business | $1.5M | — |
| Cannabis Xchange Tulsa | $1.5M | 1.9 mi |
| BERRY ENTERPRISES INC Tulsa · 11 employees | $2.9M | 3.7 mi |
| ROCKY MOUNTAIN SNOWFLAKES LLC Broken Arrow · 18 employees | $1.9M | 4.2 mi |
| GreenHub Cannabis Club Tulsa | $1.5M | 4.3 mi |
| CAFE CABANA, L.L.C. Tulsa · 7 employees | $1.3M | 4.6 mi |
| Seed Cannabis Co. Tulsa | $1.5M | 4.6 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 | $786K |
| Multiple for this size and industry | 2.4× |
| Value range | $217K – $1.2M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Confectionery and Nut Retailers 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 | $525K – $2.0M |
| EBITDA range | $113K – $420K |
| Industry (NAICS) | Confectionery and Nut Retailers (445292) |
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. 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 Preme Cannabis Company
Preme Cannabis Company is a confectionery and nut retailers company in Tulsa, Oklahoma, in business since 2010. It is owned by Peter Lee (CEO). Its estimated annual revenue is about $1.5M, with roughly $328K of EBITDA. Its estimated business value is $786K (likely range $217K–$1.2M).
Common questions
- Who owns Preme Cannabis Company?
- Preme Cannabis Company is owned by Peter Lee (CEO), according to public sources such as the company's website or filings.
- How much revenue does Preme Cannabis Company make?
- SeeBITDA estimates Preme Cannabis Company's annual revenue at about $1.5M (likely between $525K and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Preme Cannabis Company worth?
- About $786K, roughly 2.4× its estimated EBITDA of $328K, typical for a confectionery and nut retailers company its size. Likely range: $217K–$1.2M.
- When was Preme Cannabis Company founded?
- Preme Cannabis Company has been in business since 2010.