City of Los Angeles Cannabis Type 6 Manufacturing & up to 22K/sqft Cultivation Licenses For Sale #175

Popular Med., Rec. 

 License / Posted 2 months ago / 385 views

$775,000.00

Los Angeles Manufacturing Level 1 & Cultivation Medium Indoor Cultivation-Phase 2 Licenses for sale in Los Angeles County. Seller has both local and state licenses in hand. The building is zoned for Distribution.

 

Licenses:

  • Manufacturing Level 1: Type 6, for sites that manufacture cannabis products using nonvolatile solvents.  Build a larger commercial using CO2 and Ethanol extraction as well as edibles kitchen.
  • Cultivation: Canopy size of up to 22K square feet.  This is bigger and more valuable than the small indoor cultivation that caps at 10K sqft.
  • Distribution Zoned-New operator can apply for it in Phase 3 licensing that is scheduled to open in March or April and place it within the 11,000 sqft Manufacturing space or seller can help with applying for the distribution license.

 

Building Options

Licenses can be relocated to a different building OR Keep licenses at existing Burbank Airport Adjacent location and excellent deal terms. 

  • 2 side by side buildings on a huge lot.  
  • No holding costs (Start paying when buildout starts).
  • $1 a foot during buildout (up to 9 months).  $2 a foot after that with annual 3% increases.  
  • 5 year lease with 2-5 year options. 
  • Total Space: 37,000 sqft (Building 1-Cultivation 26,000 sqft, Building 2-Manufacturing 11,000 sqft)
  • Ceiling Height: 18′
  • Parking Spots: 30+
  • Power: 1,000amps
  • Burbank Airport Adjacent.  Minutes from Hollywood and Studio City.  Great, safe location.

 

Asking Price: $775,000.00   Market Value for these 2 licenses is $1.2 Million!   

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Alejandro Ochoa, BRE CA# 01120049

If you have any questions call Alejandro (619) 485-0482 or William (619) 846-4861

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

Listing Location

Los Angeles County,California

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