Recreational Cannabis Lounge & Dispensary For Sale (Palm Springs, California) #155

  • $2,300,000

Business Description

Rare opportunity to acquire one of the first cannabis lounges in California along with a Dispensary. This dispensary is licensed for Adult-Use and Medical cannabis sales on top of having one of the first ever issued lounge licenses in the state of California. The shop is currently grossing $2k a day and growing! The dispensary and lounge have become the go-to place in the desert area for repeat customers as well as an increasing number of new customers as the quality and service the shop and lounge spreads. 


  • Retail: Adult-Use, Medical Retailer
  • Lounge: Permitted retailers can allow patients or customers to consume cannabis or cannabis products on site in smoking lounges.


  • Total Space: 2,782 sqft
  • Rent: $3,200 (Downstairs), $3,500 (Upstairs)  
  • Lease:  5 year with a 2 x 5 year option
  • Plenty of parking + street parking
  • Employees: 3

Asking Price:

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call Drew (619) 653-0483


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

Cannabis Brokers, Cannabis Broker, Marijuana Real Estate Brokerage, Dispensary for Sale, Dispensary, Cannabis lounge, Smoking lounge


Business Details

  • Price: $2,300,000
  • Business Type: Dispensary Retail w/ Delivery
  • Business Status: Sold
  • Location: California
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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Drew Mathews, CEO
  • Drew Mathews, CEO