Amazing opportunity to acquire a Cannabis Testing, Manufacturing Type 6 & Distribution business in Los Angeles, CA (Population 3.8M). This business sits on a 2,700 SqFt facility with $1,000,000 already invested into the buildout and includes $150,000 worth of equipment in the sale, representing a greater value! The owner has a secured lease with 4 years left with a 5 year option. The Manufacturing & Distribution licenses are approved at the local and state level. The new owner would have to complete both the local and State licensing process in order to become operational for the Testing Lab. This is a great opportunity for someone who is looking to expand their testing, extracting & distribution footprint in Los Angeles, while also taking advantage of the very nearby emerging markets.
Cannabis Testing labs report product results on a Certificate of Analysis (COA). The COA says whether the product batch passes or fails testing for each substance. All cannabis legally sold in the state of California must first pass compliance testing by a licensed cannabis testing facility.
Asking Price: $499,000.00
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
Tom Milks, DRE LIC CA #02064305
If you have any questions call Tom (619) 972-5952
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.