Huge opportunity to acquire rare Cultivation, Manufacturing and Distribution licenses in one of California’s largest cannabis markets Los Angeles. The licenses have been issued in district 14 of Los Angeles (Boyle Heights). The Cultivation license allows for 5,000 Sq. Ft. of canopy and also includes Manufacturing and Distribution licenses with the sale. The new owner will have to move and relocate the licenses into a new facility in order to operate. This Phase Two Tier Three license is considered to be rare due to “No Equity” applicants attached with the license adding a greater value. By having a cultivation license with no equity applicants in Los Angeles, a new operator may target large markets such as San Diego, Los Angeles, Riverside, San Francisco, etc. A Cultivation, Manufacturing and Distribution license in a strategic location and market allows for large potential for growth and expansion for a new owner.
This is a great opportunity for someone who is looking to expand their footprint in the Los Angeles Cannabis Market, while also taking advantage of the very nearby major markets or a multi-state operator.
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: $749,000.00 (Seller is open to offers and Seller Financing for the right buyer)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Tom Milks, DRE CA LIC# 02064305
If you have any questions call Tom (619) 972-5952