Business Description
CLICK HERE TO PARTICIPATE IN THE AUCTION!!!
Opportunity to acquire an active cannabis dispensary in North Las Vegas through a court-supervised receivership sale. The 6,525 sq ft facility features a newly installed drive-thru lane, illuminated display cases, digital menu boards, a POS system, and established branding. The dispensary is currently staffed and operating. The real estate is available as a separate, optional purchase for $5,400,000.
The retail entity recorded revenue of $12,598,781 in 2023, $9,110,709 in 2024, and $6,746,858 in 2025. Revenue for January through May 2026 was $2,834,183, with rent-adjusted gross profit of $574,304 for that period. Historical facility rent does not pass to the buyer, which is why the gross profit figure is presented on a rent-adjusted basis.
The sale includes the retail license, FF&E, on-hand inventory at closing, trade names, SOPs, and Metrc data. The assets are sold AS IS, WHERE IS.
Opportunity Details
- Location: North Las Vegas, Nevada
- Facility: 6,525 sq ft
- License: Active retail dispensary license
- Status: Currently operating and staffed
- Key feature: Newly installed drive-thru lane
- Build-out: Illuminated display cases, digital menu boards, POS system, and established branding
- Real estate: Optional purchase for $5,400,000
- License bid floor: Open
- Consideration: All cash; no seller financing
- Good faith deposits: $250,000 for the license, plus $100,000 if bidding on the real estate
- Reason for sale: Court-appointed receivership
License
Retail Dispensary: Authorizes retail sale of cannabis and cannabis products to eligible adult-use and medical consumers at the licensed premises, subject to Nevada Cannabis Compliance Board and City of North Las Vegas requirements.
Amended Auction Dates — Subject to Court Approval
- Bid deadline: Tuesday, October 13, 2026, at 5:00 p.m. Pacific Time. To participate, bidders must register and prequalify on Cobra and submit a completed Bid Form and applicable refundable good faith deposit(s) by this deadline.
- Qualified bidders notified: By Friday, October 16, 2026.
- Virtual auction: Tuesday, October 20, 2026, from 8:00 a.m. to 3:00 p.m. Pacific Time, conducted by United AMS via Cobra.
- Successful bidder deadline: Tuesday, November 3, 2026, at 4:00 p.m. Pacific Time, within ten business days of the auction’s close.
- Receiver’s motion to approve the sale and backup bid(s): To be filed no later than Thursday, November 5, 2026.
- Sale approval hearing: To be rescheduled by the Court from October 29 to a date between November 9 and November 20, 2026; exact date to be determined.
Amended Successful Bidder Terms — Subject to Court Approval
By 4:00 p.m. Pacific Time on November 3, 2026, the successful bidder must:
- Provide a fully executed Asset Purchase Agreement for the cannabis license and related assets in the form provided in the Bidding Procedures; and
- Wire sufficient funds to the Designated Account to bring the total paid, including the License Good Faith Deposit, to 15% of the successful bid.
The remaining 85% is due by wire transfer to the Designated Account within two business days of the Nevada Cannabis Compliance Board’s approval of the Transfer of Interest (TOI).
Qualified bidders may continue due diligence through the auction date, including coordinating site visits and requesting Q&A sessions with the Receiver and/or Seller. Due diligence requests can be submitted through the auction platform.
All dates and terms are subject to Court approval. Registrants will be notified of any Court-approved changes.
CLICK HERE TO PARTICIPATE IN THE AUCTION!!!
Must Qualify to participate by October 13th, subject to court approval If you have any questions, Call Drew at (619) 653-0483
Must sign an NDA/Waiver before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®, Inc.
Green Life Business Group®, Inc DRE CA LIC# 02061374
Samuel Baird DRE LIC NV #0146087
Drew Mathews, DRE LIC CA# 02091143
If you have any questions, Call Drew at (619) 653-0483
Email: ceo@glbgroupinc.com
Green Life Business Group® Inc. we are here to both help you sell or buy a cannabis business.
National Affiliate Listings
This listing is represented by (Local Broker) via the Green Life Business Group® National Affiliate Program.
Disclaimer: The content of this listing is based solely on information provided by the seller to Green Life Business Group®, Inc. Green Life Business Group®, Inc has not independently verified or confirmed the accuracy, completeness, or reliability of any such information and makes no representation or warranty, express or implied, regarding it. Any party relying on the description or other listing information should conduct its own independent due diligence and verification.
Business Details
- Price Call For Offers Oct 13th
- Business Type Dispensary Retail, Real Estate Property, Receivership Listings
- Business Status For Sale
- Location Nevada
