Business Description
$200k Down Gets You In!!!
Great opportunity to acquire a portable Cultivation 22,000 SqFt Canopy License in Los Angeles, CA! The license enables legal cannabis cultivation in a 22,000 SqFt area, originally this license was issued through the Community Planning Area of Van Nuys, North Sherman Oaks area. But recently the DCR has green lighted licenses being moved outside of their Community Planning Areas. The relocation within the approved licensing map is still necessary.
This flexibility allows the new owner to select an ideal location that suites their needs. While the opportunity is pre-revenue, it allows the buyer to construct a customized cultivation facility from scratch, creating a new revenue stream. Additionally, there is no tax exposure, relieving the buyer of previous owner tax liabilities. This rare chance to enter the thriving cannabis industry provides a valuable asset and a foothold in Los Angeles, the Mecca of the Cannabis Industry. Seize this license-only play to capitalize on the market and unlock potential success.
Amended LAMC Regarding Cannabis Law LINK: Section 104.03(c)(6)(i)(A) says one could relocate to another community plan area that has not reached undue concentration if you have temporary approval. Section 104.03(g)(2) says one could refile into another community plan area as long as it has not reached undue concentration.
Details:
- Cultivation License
- Canopy Size: 22,000 SqFt
- DCR Licensing Map (CLICK HERE TO VIEW LINK)
License:
- Cultivation- 22,000 SqFt Canopy Size
Asking Price: $250,000.00 ($100k Down Gets You In the Door!!!)
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
Email: asm@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
Business Details
- Price: $250,000
- Business Type: Cultivation, Seller Financing Available
- Business Status: For Sale
- Location: California
- Down Payment Required: $200,000.00
