Unique opportunity to acquire a 5,500 SqFt Manufacturing & Distribution space in the most desirable location in Southern California, City of Los Angeles!!! Owners have Provisional licenses in hand! The business has been operational at a minimal level and the owners are looking to sell at license value.
Los Angeles County currently has a population of over 10M and continues to have a steady rise in popularity. This is a great opportunity for someone who is looking to expand their Manufacturing & Distribution footprint in the LA County Market. 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 provisional license.
Asking Price: $450k (Seller Open to 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
Jeff Taylor, DRE LIC CA# 02121244
If you have any questions Call Jeff (619) 218-6575
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.