This is an amazing opportunity for a fully licensed Distribution Type 11 Business located in a very desirable area of LA County. Owner has local and state approvals in hand already. The new owner could be operational ASAP, the Brand or Book of Business are not included in the sale. Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open. Delivery has been on the rise all across the state due to the recent pandemic but also because of convenience, consumers no longer have to leave their home to purchase product.
License: Distribution of Recreational & Medical cannabis and cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution. A Type 11 licensee shall not hold a license in a cultivation, manufacturing, dispensing, or testing license category and shall not own, or have an ownership interest in, a facility licensed in those categories other than a security interest, lien, or encumbrance on property that is used by a licensee. A Type 11 licensee shall be bonded and insured at a minimum level established by the licensing authority.
Asking Price: $800,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. 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 : email@example.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
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