OLCC Licensed Fully Operational Cannabis Cultivation Business For Sale (Portland, OR) #666

Amazing opportunity to acquire a Turnkey Active OLCC Licensed Cultivation Business located in the highly desired city of Portland, OR. This business includes a recognized  brand with exclusive genetics that consistently test high. This is a highly efficient operation that only requires two full-time employees. The operation is environmentally friendly with a low impact and does not require harmful chemicals to keep their plants healthy and use precision irrigation for efficient water usage. The operators have great relationships with wholesalers that would be inherited along with the book of business. The cultivation business sits on a 10,000 square foot facility that is fully turn key generating revenue. The current crop that will be ready for harvest in August, about 300 lbs, will be included in the sale.

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:

• OLCC Producer License
• 2021 Gross: $1.12M
• Space: 10k Sq Ft Total 
  • 7k Sq Ft Flower
  • 3500 Sq Ft Canopy
• Power: 800 amps 3 Phase
• Rent: $8820/mo
• Lease will be renewed (Landlord open to long lease)
• Brand and Book of Business included
• Current crop included in sale (~300 lbs to be harvested in August)

Licensing: 

• OLCC- Producer License: A producer is also known as the grower by the OLCC. 

Asking Price: $999,000.00 (Seller Open To Offers)

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 (619) 433-5773

Or Email : nationwide@glbgroupinc.com

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All listings included in this section are represented by locally licensed real estate brokers where necessary.

This listing is represented by (Local Broker) via the Green Life Business Group National Affiliate Program.

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