Fully Turnkey Cannabis Retail, Cultivation, and Processing Business For Sale (Oklahoma City, Oklahoma) #972

This is a vertical Fully Turnkey Cannabis Retail, Cultivation, and Processing operation in the strategic Oklahoma City (Population +687k). The business sits on a 2,800 Sq Ft building with (2) ADA restrooms, 44 lights with 1200 Amps of power, the ability to add another 32 lights, a city/well water room, (3) 1,000 Sq Ft greenhouses , (1) 1,650 Sq Ft greenhouse, and a 10,000 Sq Ft shade house. There is also a 1 acre outdoor field with pots, irrigation, organic equipment, and a 5 pound precision extractions system with everything to run it. The current owner has a great long term lease in place at a low monthly rate. The business has been in operation since 2019 and is fully compliant with all city and state regulations ready for a new owner to operate. This is a great opportunity for someone who is looking to expand their footprint in the Oklahoma Cannabis Market, while also taking advantage of the very nearby markets, a multi-state operator looking to target a clean canvas or someone who is looking to enter the industry.

In May 2022, Oklahoma Gov. Kevin Stitt signed into law a pause on medical cannabis licensing in the state. The new law implements a two-year moratorium on medical cannabis licensing, prohibiting regulators from issuing new cultivation, processing and retail licenses from August 2022 to August 2024.

Details: 

• License Type: Retail, Cultivation, Manufacturing
• Space: 2,800 Sq. Ft.
  • 2 ADA restrooms
  • (3) 1,000 SqFt Greenhouse
  • (1) 1,650 SqFt Greenhouse
  • 10,000 SqFt shade room
  • 1 Acre of outdoor space
• Rent: $975/month
• Established: 2019
• Employees: 4
• 2022 Gross Revenues: $185k
• No Debts or Liabilities on the License! 
• Power: 1200 AMPS
  • 44 lights (another 32 lights can be added)
• Included in the sale:
  • Pots & irrigation equipment
  • City/well water room
  • 5 Pound precision extractions system with everything to run it

Licenses:

• Retail Storefront – Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, cannabis and cannabis products as part of a retail sale.
• Cultivation – A medical marijuana grower license allows a business to legally grow marijuana for medical purposes in Oklahoma. Licensed growers can only sell to licensed processors, dispensaries and other growers.
• Processing – A medical marijuana processor license allows a business to legally process marijuana for medical purposes in Oklahoma. Licensed processors can sell to licensed dispensaries and other licensed processors.

Asking Price: $899,000.00

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.

Lisa Gaylord, LIC DRE OK#139491

Green Life Business Group, Inc DRE CA LIC# 02061374

Yesenia Jimenez, DRE CA LIC# 02073168

If you have any questions call Yesenia (858) 633-3013

Email: asm@glbgroupinc.com

National Affiliate Listings

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