Unique opportunity to acquire a 5,000 sq. ft. canopy license in the highly desired cannabis tax friendly city of Sonoma, CA. The license sits on a beautiful private property at the end of a road surrounded by grape vineyards on all 4 sides, and has views of the bay. It is 5,000 sq. ft. of canopy with an additional 1,250 sq. ft. propagation area. All infrastructures are included in the sale price. Shade structures are currently set up. T post lined rows, weed block and gravel laid down. The current owners have also installed new security cameras on the facility. There is a brand new 200 Amp electrical service installed with a meter directly adjacent to the cultivation area. There are 2 decks to serve as storage and supply area included. Owners have installed water tanks and irrigation lines as well. The landlord would like to have the new tenant install a new well at the cultivation area. Permits have been filed for a new 400 foot well and the estimate to complete the project is in the amount of $28,000. This is a great location for cannabis tourism and is located 45 minutes from San Francisco and 10 minutes from Sonoma Plaza.
This is a great opportunity for someone who is looking to expand their footprint in the Sonoma Cannabis Market, while also taking advantage of the very nearby major markets or someone who is looking to enter the industry.
Cannabis Businesses were labeled as essential businesses back in March of 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
Looking for Funding?
Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.
Asking Price: $299,000.00
Must sign an NDA/Waiver and provide Proof of Financials 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
Elliot Cardenas, DRE CA LIC# 02138336
If you have any questions call Elliot (619) 770-2699