Conditional License Tier 5 Cannabis Retailer & Annual License Processing Local Approvals For Sale (Jersey City, New Jersey) #1123

  • $3,950,000

Business Description

This listing presents a rare opportunity to acquire a Cannabis Class 5 Dispensary business in New Jersey. The business has obtained all necessary local approvals for retail operations, and its annual license is currently pending. The dispensary is located in Jersey City Heights, a bustling area with convenient access to over 100 municipal parking spaces, including a nearby public parking lot with 75+ car capacity. The facility itself spans 3,412.7 square feet, providing ample space for operations. Additionally, there is a Right of First Refusal (ROFR) on the sale of the building, as well as the option to lease the adjacent space, which is currently a restaurant. The demand for cannabis properties and annual licenses in New Jersey is high, making this opportunity particularly attractive for individuals or multi-state operators seeking to expand their presence in the state’s market.


  • Space: 3,400 Sq. Ft.
  • Lease: $10,000 a month
  • Lease Terms: 5 years and 5 year option
  • Annual License Pending
  • Parking: Public parking with 75+


  • Class 5 Cannabis Retailer: Purchase recreational use cannabis from licensed cultivators, manufacturers, or wholesalers and sell those items to consumers in a retail store.
  • Conditional license: Begin building out operations for the cultivation, manufacture, dispensing, wholesale, distribution, or delivery of recreational use cannabis while working towards meeting the requirements for a cannabis cultivator, manufacturer, dispensary, wholesaler, distributor, or delivery license. 


Asking Price: $3,950,000.00 (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

Gordon Sattro, DRE CA LIC #02136011

If you have any questions Call Gordon at 858-220-2185


Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by Local Broker via the Green Life Business Group National Affiliate Program

Business Details

  • Price: $3,950,000
  • Business Type: Dispensary Retail w/ Delivery, Seller Financing Available
  • Business Status: For Sale
  • Location: New Jersey
  • Down Payment Required: $1,500,000.00
  • Capital Invested: $1,000,000.00
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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