Consumption Lounge

Options for Buying a Cannabis Business in a Dry Capital Market

While capital markets may be dry, cannabis companies still have options for financing acquisitions. At the Benzinga Capital Conference just a few months ago, everyone was saying that “the capital markets are dry.” This was a phrase as popular as “cowabunga” was at the height of Bart Simpson’s popularity. But what does it mean to say “the capital markets are dry?” What are the...

Be Prepared, Florida Is Going Recreational

It is coming to Florida. What's coming you might ask? I, and many others, would say EXPONENTIAL GROWTH in the cannabis space. Just days ago, Amendment 3 passed the last hurdle in place of recreational marijuana being on the 2024 ballot. Thanks to the Florida Supreme Court's approval of the proposed Amendment, recreational cannabis in the Sunshine State seems to be an inevitability. If Amendment 3 is...

Cannabis Companies in Receivership Good Opportunity or Steep Risk?

Acquiring a distressed company carries inherent risks. Securing a cannabis business out of receivership can present a unique chance to acquire a cannabis business or its assets for substantially less than what an equivalent business or its assets would sell for on the open market. But before discussing the opportunities that could be presented by a business in receivership, it is important to...

Green Life Business Continues To Lead The Cannabis Industry

Ever since cannabis became fully legalized in California, the cannabis market has been on fire. Today, there are fully-operational and turnkey businesses and facilities for sale, making it easier than ever to get involved in the lucrative cannabis industry. Green Life Business Group Inc. is leading the cannabis business brokerage market Nationwide and has the numbers to back it up. When it comes to finding...

Why Companies Should Consider Court-Ordered Receivership Listings for Future Acquisitions

In 2022, the California cannabis industry took a downturn that led to the closing of various cannabis businesses & operations across the state. License saturation, 280E, competition, and the price per pound, to name a few, are only some of the factors that contributed to this downturn in the market. The Nation's largest cannabis business brokerage Green Life Business was not only at the forefront of...

Mystery Cannabis Lounge Location In WeHo Is Up For Sale

Want to own a cannabis consumption lounge in West Hollywood? Green Life Business Group Inc. is hawking a coveted license and “campus” that offers sales and consumption of cannabis, food and alcohol for a mere $3 million. The location includes a 4,000-square-foot restaurant/bar with a 1,000-square-foot patio, a 3,000-square-foot edibles cafe with cannabis cocktails, and a 3,000-square-foot smoking...

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