Business Description
Looking to start or expand your cannabis manufacturing, packaging, and distribution business in the North Hollywood Market? Look no further than our newest listing that is looking to offer the right company a Management Service Agreement (MSA). Under an MSA the company could move in and operate the following day with a lower cost of entry and overhead vs purchasing their own License and building!
The monthly MSA fee could very depending on the needs of the new company. Such factors include shelving space, METRC and compliance fees to name a few. Final terms will be ironed out and agreed upon by both parties prior to executing the MSA.
Under a Management Service Agreement (“MSA’s”) a company could operate under an already licensed cannabis business, in order to expand in new markets, save startup costs on applying or purchasing their own license, etc. The new company that enters into a management service agreement will have to pay Management Fees such as an Initial Fee, Rent, etc. all depending on the scope, space required based on the company’s needs.
Details:
- Space: 3,100 SqFt (Manufacturing 1200 SqFt, 1, 900 SqFt Distribution & Packaging)
- Rent: +/- $14K/Month
- Lease: Current Owners Have Long Term Lease
- Ceiling Height: 16ft
- Power: 400 AMPs
- Loading Dock
- Parking Spaces: 3 + Street Parking
- AC Installed
- MSA & Shared Lease: MSA 1YR, with Mutual Termination if needed
License:
- Manufacturing Type 6: For manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).
- Distribution Type 11: Move cannabis and cannabis products between cultivation, manufacturing or distribution premises. Move finished cannabis goods to retail premises. Provide storage services to other licensees. Arrange for testing of cannabis goods. This license also allows the distribution facility to have a micro license capable of packaging space for all products (Type P) as well as a Delivery ability direct to consumer as well as a nursery/cultivation facility.
Initial Management Fee: $40k (Includes Brokers Fee)
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 LIC CA# 02077927
If you have any questions Call Eric at (858) 245-6324
Or Email: broker@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
Business Details
- Price: $40,000
- Business Type: Distribution, Manufacturing Type 6 NON Volatile
- Business Status: Pending
- Location: California
- Down Payment Required: $40,000.00
