Turn Key Cannabis Cultivation License Opportunity w/ Real Estate For Sale (Monterey County) #209


 Cultivation, Distribution / Posted 2 years ago


This is a secure cultivation operation that has a substantial production capacity and still has room to expand. This cultivation is located in Monterey County in the City of Salinas and has a canopy size of 140,000 sqft (3 Acres). The grow supports its operation with large-scale cannabis production, high quality flower, that can serve both recreational and medical customers. 

The Real Estate is valued at $7.7mil and there has been $7mil allocated to the build out of the grow. 

Current Operation: This business is Currently Producing 800 – 1000 lbs per month, utilizing 140,000 sqft to cultivate. 

Projections: The grow also has the ability to increase an additional 40,000 sqft, making it a total 180,000 sqft (4 Acres) of Canopy space ! With all 180,000 sq ft of Canopy space utilized, the grow estimates a monthly production capability of 1500 lbs per Month, 18,000 lbs per Year, at a wholesale price of $1,000 per lb – $18,000,000 M per Year. 

Recap – 

  • $7.7M (Appraised Value of the Real Estate) 
  • $6.5M (Into the Build Out) 
  • $3.7M Asking for the Business 
  • $17.9M – Total Price 
  • Full Absentee Operation 

Asking Price: $17.9mil (Open to Seller Carry with a Minimum of 75% Down!)

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

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call Drew (619) 653-0483

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

Cannabis cultivation, cannabis brokers, cannabis broker, cannabis cultivation, cultivation cannabis, turn key cultivation, turn key grow
  • Select Status label: Med., Rec., RE Included, Turn Key, Sold