This is a great opportunity for someone that is looking to expand their Delivery, Manufacturing and Distribution business in Sonoma County (Population 485k)! The business is on pace to do $2M in Gross Revenues for 2023. With these licenses you could Deliver, Infuse, Package, and Distribute Cannabis Products. The 3,000 SqFt facility includes 3 separate rooms, along with a 300-400 SqFt satellite office. The Delivery business is currently operational and has been operating since 2018. The Manufacturing Type N & Distribution business is not operational and the new owner would need to finish the buildout. Type N businesses have recently had a spike in demand due to the new market of consumers that infusion of products has been able to open. This facility could function as a main large scale Delivery, Manufacturing and Distribution center for the new operator in the heart of the Sonoma County Cannabis Market.
California announced the “Provisional Deadline” (MJBizDaily Article), or temporary license, program would go into effect on June 30, 2022 with the first deadline being March, 31st, 2022. This means that in order to operate legally you must go through the arduous and lengthy time consuming process of obtaining a full “Annual” license or the only other option would be to acquire an already existing licensed business. The owners have already secured an Annual License through the Department of Cannabis Control, representing a greater value!
Asking Price: $699,000.00 (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
Elliot Cardenas, DRE LIC CA #02138336
If you have any questions Call Elliot (619) 770-2699
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.