Asking Price: $1,950,000 | $2.46/SF/month + NNN |VPO|

Type: Licenses, Cultivation, Distribution, Manufacturing

Size: 13,000 +/- sqft.

Description: Unique Opportunity for those seeking vertical integration in the Cannabis Industry. One lot with City Approval for three (3) licenses. Featuring three (3) separate businesses – DISTRIBUTION – CULTIVATION – MANUFACTURING at one location each with their own full set of completed plans. FIVE (5) year lease with option to purchase and/or extend five (5) years. Current rent is $2.46 per square foot. 10,000 SF parking lot. Offered at $1.95M for all three (3) licenses with distribution built out and and equipment. For an additional fee, the Seller is open to consulting and helping the new operator with construction, SOP’s, and training. Seller financing possible. Details: MANUFACTURING LICENSED FACILITY. This 3,000 square foot facility is designed for CBD and THC distillation and capable during full production to produce $11M per month in gross sales, based on current market rate of distillate. Lab is set-up to do BHO crude production in a enclosed C1D1 FlexMod, approved by the City. BHO extraction space can process 2,000 pounds of trim per day minimum. Distillation Process is set-up to produce 54+ liters of distillate per day. *Equipment available with sale, but not built out. Plans approved for build out. CULTIVATION LICENSED FACILITY. Cultivation is 8,800 square foot facility set to do $3.5M in sales a year per our design. Featuring: Ninety-Six (96) bloom lights and Sixty (60) veg lights, trim room, dry room, packaging room all included in design. *Equipment available with sale, but not built out. Plans approved for build out. DISTRIBUTION LICENSED FACILITY. Distribution is 1,000 square feet. This completes the vertical integration package. This feature prevents you from using an outside distribution source to bring your products to market. *Currently operational and producing income of approx. $400k a month, gross.

Presented by: California Licensed Broker - CREC

id code: Ca534

Pot Use Reached All-Time High in March Amid Lockdown Measures

Source: Bloomberg BusinessArticle by: Kristine Owram

Source: Bloomberg Business
Article by: Kristine Owram