Business Description
Seller Open to Stock Offers!!!
Unique opportunity to acquire a Non-Storefront Retail Delivery, Manufacturing Type 7, Distribution, and Cultivation licensed facility. Vertically integrated business located in Coachella, CA (Population 45k Residents) located on a 5 acre parcel with four active licenses. The business was recently awarded type-9 non-storefront home delivery license provides retail channel for type-7 BHO manufacturing lab and 6k square feet of mixed light cultivation space, plus type-11 distribution license. Excellent turnkey opportunity for growing brands seeking a California presence in a cannabis friendly city.
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. California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state license.
Details:
- Space: 5 Acre Lot
- Lease: 20 YR
- Rent: Negotiable w/New Owner
- Manufacturing & Extraction Building: 1,250 SqFt
- Distribution Building: 2,500 SqFt
- Cultivation Greenhouses: 6,000 SqFt Mixed Light
- Full CUP to Build 100k SqFt of Cultivation Canopy
- BHO Lab w/ Fireproof Pod Set Up
Licenses:
- Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
- Manufacturing Type 7: Volatile Solvent Extraction i.e. LHE/BHO; and everything allowed w/ Type 6, Type N, and Type P Manufacturing Licenses. With a Type 7 you can register your location for shared-use.
- Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.
- Cultivation: Mixed Light Tier 1
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: $2,000,000.00 (Seller Open to Stock Offers)
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
Eric Espinoza, DRE CA LIC# 02077927
If you have any questions call Eric (858) 245-6324
Email: eespinoza@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
Business Details
- Price: $2,000,000
- Business Type: Cultivation, Delivery Retail Only, Distressed "Must Sell" Businesses, Distribution, Manufacturing Type 7 Volatile
- Business Status: For Sale
- Location: California
