Rare opportunity to acquire a Cultivation 22,000 SqFt Canopy License in the city of Los Angeles. The new owner will have to find a new location within the North Sherman Oaks Community Plan to move the license to. This is a pre-revenue opportunity, with no tax exposure, license only play.
Cannabis Businesses have been labeled as essential businesses back in March, 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
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: $500,000.00 (SELLER OPEN TO ALL OFFERS)
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
Yesenia Jimenez, DRE CA LIC# 02073168
If you have any questions call Yesenia (858) 633-3013
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.