This is being sold by way of court ordered receivership and is subject to court confirmation.
Call For Offers is on October 9th, 2023!
Great opportunity for an expansive, state-of-the-art cannabis cultivation operation, strategically spread across three standalone buildings, located in Desert Hot Springs, CA. This business is offered for sale through a court-ordered receivership, ensuring one of the cleanest licenses available on the market. This unique circumstance ensures the new owner will not be encumbered with any prior debts tied to the business or license, providing a seamless transition and an optimal start.Â
This unique opportunity boasts an impressive 67,000 SqFt of cannabis canopy space, with only 24,000 SqFt currently utilized. This gives the incoming owner the potential to further develop an additional 43,000 SqFt of canopy, providing a significant opportunity for business expansion and revenue growth. Currently each plant cycle is every 60 days, and by this method they are able to do about 5.7 harvests a year. Each of the three cultivation facilities are conveniently located within short distances of each other, ensuring efficient operations. The current owner has wisely secured leases on all three locations, and the amenable landlords are open to renegotiation depending on the future owner’s terms.Â
Over $6M has already been invested into the current buildout, a testament to the high-grade infrastructure and quality of the operation. This is a remarkable opportunity to acquire a spacious, well-situated and efficiently run cannabis cultivation business. With substantial growth potential, clean licenses, and a ready-for-negotiation lease, the potential for this venture is truly sky-high. Do not miss out on this rare chance to take the reins of a promising enterprise in a booming industry.
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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
Drew Mathews, DRE LIC CA #02091143
Eric Espinoza, DRE LIC CA #02077927
If you have any questions Call Drew at (619) 653-0483 or Eric (858) 245-6324
Or Email : ceo@glbgroupinc.com or eespinoza@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.