Long Beach Cannabis Distribution License For Sale #317

  • $240,000
Sold Med Rec

Long Beach Cannabis Distribution License For Sale #317

  • $240,000

Business Description

Owner has Local approval for a Distribution opportunity in the city of Long Beach. The license is allowed for both Medical and Recreational (Adult-Use) for the city of Long Beach. After months of lobbying from local cannabis business owners and operators, Long Beach City Council agreed to lower the tax rates for non-retail cannabis operations in the city. The resulting ordinance will reduce tax rates for distributors, cultivators, manufacturers and lab testing facilities from 6% to 1%.

Details:

  • Space: 3,648 SqFt
  • Rent: $5,472/ Month
  • Lease: 5 YR

License: Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution. A Type 11 licensee shall not hold a license in a cultivation, manufacturing, dispensing, or testing license category and shall not own, or have an ownership interest in, a facility licensed in those categories other than a security interest, lien, or encumbrance on property that is used by a licensee. A Type 11 licensee shall be bonded and insured at a minimum level established by the licensing authority.

Asking Price: $240,000.00 

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

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric at (858) 245-6324 

Or Email : eespinoza@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

Cannabis, cannabis extraction, Marijuana Brokers, Cannabis Broker, Marijuana real estate brokerage, cannabis manufacturing

Business Details

  • Price: $240,000
  • Business Type: Distribution
  • Business Status: Sold
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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Eric Espinoza, MD
  • Eric Espinoza, MD