Reduced Fully Turn Key Operational Cannabis Manufacturing Type 7 & Distribution Business (Santa Cruz, California) #1028

Just Reduced From $1M

(Option To Purchase Real Estate: $1.5M)

Very unique opportunity to acquire a fully turnkey operational cannabis Manufacturing Type 7 and Distribution business in the very strategic market, Santa Cruz. The current business is on a 7000+ square foot lot, split into three different spaces all specifically geared towards each type of license use. The business is currently operating and includes a reputable brand that sells into over 100 stores. This is a great opportunity for someone to take advantage of as Manufacturing Type 7 licenses are scarce and high in demand. These Volatile extraction licenses are difficult to obtain due to so many cities restricting its use. Volatile extraction is the most efficient and speedy way of extracting cannabis. The extraction market is in its infancy with huge upside to gain market share.

Details:

• Space: One APN# – 3 Different Spaces – All ADA Compliant, Full City and State Approvals in place
  • Space #1 (Manufacturing): 1,953 Sq. Ft.
  • Space #2: (Distribution): 2,069 Sq. Ft.
  • Space #3: (Office/Storage): 836 Sq. Ft.
• Lease To Own Option 
• Lease: Entire Facility Under $15K
• TI’s & Buildout Cost: Over $400k Invested to Date
• New AC C1D1 Room
• Training Period: 30 Days
• Business Asking Price: $699K 
• Real Estate Asking Price: $1.5M
• Terms: Flexible
• Two Brands selling into over 100+ Stores
• Brand New Heating and Cooling systems and Roof for Space #1 and #2
• Employees: 3 Full Time Employees and Hourly Contractors
• Very Unique Property – comes with all equipment (HAL C1D1 room with 2 Extraction lines plus all current inventory of Biomass and Finished Goods inventory)

Licenses: Both Licenses are Annual and not up for renewals until August 2023.  

• Manufacturing Type 7: Volatile Solvent Extraction i.e. LHE/BHO; and everything allowed w/ Type 6, Type N, and Type P Manufacturing Licenses. With a Type 7 you can register your location for shared-use.
• Distribution Type 11: Move cannabis and cannabis products between cultivation, manufacturing or distribution premises. Move finished cannabis goods to retail premises. Provide storage services to other licensees. Arrange for testing of cannabis goods.  This license also allows the distribution facility to have a micro license capable of packaging space for all products (Type P) as well as a Delivery ability direct to consumer as well as a nursery/cultivation facility.

Asking Price: $699,000.00

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

Elliot Cardenas, DRE LIC CA#02138336

If you have any questions Call at 619-770-2699

Or Email : elliot@glbgroupinc.com

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