Unique opportunity to acquire a Fully Turnkey Vertical Cannabis business in Oregon. This is an Oregon-licensed, full-service Cannabis Retail chain with Producer & Processing Licenses that are currently operational and generating revenue. The owner has both local and state licenses in hand, making this a truly turn-key business opportunity. The 7 OLCC Licenses include 4 retail storefronts, 1Tier two indoor Producer License, a Processing License and 1 Industrial HEMP License. All are in good standings with no violations. All licenses are being sold as a bundle. The Processing License has all endorsements offered to include hydrocarbons, edibles, topicals and Industrial HEMP. The Producer License sits in a 20,000 Sq Ft industrial warehouse with 4,000 Amps of 3 phase power, over 170 tons of air conditioning and produces consistently 200 lbs a month. The retails stores conduct an average of 700 daily transactions, the business is expected to reach close to $10M in 2022! The seller has no debt. The owner has over $3.2 million in TI improvements. All the finances have been under the supervision of a CPA and have been deposited through a banking institute.
This is a great opportunity for someone who is looking to target a major cannabis market in Oregon, a Multi-State Operator looking to expand their footprint in the industry, or someone who is looking to enter the industry.
Cannabis Businesses were labeled as essential businesses in March of 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
Details (Retail Storefronts):
Asking Price: $6,900,000.00
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Scott Hite, DRE LIC OR# 201218627
If you have any questions Call Yesenia at (858) 633-3013
Or Email : email@example.com
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