Operational MED Cultivation/Nursery Business With 80 Acre Real Estate Included (Boone, Colorado) #847

Amazing opportunity to acquire a fully turn-key operational Cultivation business in Boone, Colorado that includes an 80 acre property. This business has several years of strong revenue and cash flow. The sale includes (3) MED Cultivation licenses that allow for a total plant count of 15,600 that can be increased in 2024, a Nursery license, the Brand, Book of Business, a seasoned staff and valuable direct to retail relationships that have been held for many years. The brand is known for their sustainable organic practices, 30+ unique proprietary genetics and being one of the oldest cultivation farms in the US. The business has consistently Net $1M over the past 6 years! This is a strong business with current profitable revenues that has room for growth and still has room to scale and at this price, the new owner is practically getting the property and improvements for free!

Details

• MED Licenses: (3) Cultivation & Nursery
  • The Cultivation licenses allow for a total plant count of 15,600 that can be increased in 2024
• Real Estate: 80 Acres Total
  • Will be able to expand grow to 40 Acres in 2023
• 2021  ~$1M Net (Consistently for past 6 years)
• 2022 ~$100k/mo 
• 2023 on track to produce 30k Lbs in Flower (~$12M) & ~$900k in trim
• Inventory will be included in the sale
• Flower is ALWAYS graded
• Can keep water rights ($30k/yr)
• Brand, Book of Business and equipment are included in the sale

License: 

• • Cultivation License – A Retail Marijuana Cultivation Facility License may be issued only to a person who cultivates retail marijuana for sale and distribution to licensed retail marijuana stores, retail marijuana products manufacturer licensees, retail marijuana hospitality and sales business, or other retail marijuana cultivation facilities.

• Specialty Nursery License (Type 10A) – This license is only to produce clones, immature plants, seeds, and other agriculture products, which must be used specifically for the planting, propagation, and cultivation of medical cannabis.

Asking Price: $7,500,000.00 (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

Yesenia Jimenez, DRE CA LIC# 02073168

If you have any questions call Gordon (858) 220-2185 or Yesenia (858) 633-3013

Email: gordon@glbgroupinc.com

Email: asm@glbgroupinc.com

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