This is a great opportunity for someone that is looking for Manufacturing Type 7 & Distribution in Long Beach, CA. Manufacturing Type 7, know as Volatile extraction licenses are difficult to obtain due to so many cities restricting its use, however Volatile extraction is the most efficient and speedy way of extracting cannabis. Medicinal and Adult use applications have been deemed complete by the city, MEP’s approved by building and safety. New owner will have to start the buildout and continue the licensing process in order to be operational. Long Beach is now known for its favorable tax rates and fair cannabis policies. Long Beach’s local tax rates are 1% of Gross Receipts for Manufacturing, Distribution, Testing, $13.20 per Square Foot under Cultivation & 8% of Gross Receipts for Retail.
Looking for Funding?
Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.
Asking Price: $699,000.00 (Seller Financing Available)
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
Tom Milks, DRE LIC CA# 02064305
If you have any questions Call Tom at (619) 972-5952
Or Email : firstname.lastname@example.org