Turnkey Cannabis Cultivation Business For Sale By Way of Court Ordered Receivership Call For Offers JUNE 10th (Los Angeles, California) #1395

  • $8,025,000
For Sale Med New Popular Rec Turn Key
Turnkey Cannabis Cultivation Business For Sale By Way of Court Ordered Receivership Call For Offers JUNE 10th (Los Angeles, California) #1395
  • $8,025,000

Business Description

This is being sold by way of court ordered receivership and is subject to court confirmation.

Call For Offers is on June 10th, 2024

Take advantage of a rare opportunity to acquire a premier cannabis cultivation business in the heart of Los Angeles. This offering includes two coveted cultivation licenses, granting access to one of the most lucrative markets in the industry. The main facility boasts 17,000 square feet of leasable space, with approximately 9,200 square feet dedicated to canopy grow space spread across 8 meticulously designed rooms. The facility is fully equipped with 576 flower lights, 96 Veg Lights, and state-of-the-art packaging equipment including an Automated Jar Line and Mylar Bag Packer. Also included are (2) Mercedes Benz Sprinter 2500 Cargo Vans, ensuring efficient transportation of your premium products. 

Offered through a court-ordered receivership wherein the lender to the company is currently offering a credit bid of $7.5M, and therefore an overbid of at least 7% is required. Additional assets include trademarks for the renowned “THC Design” name and the innovative Molecule Design. Don’t miss this opportunity to step into a thriving cannabis market with a clean slate.

Assets Included in Sale: 

  1. Turnkey Operating Facility
  2. Two City of LA Cultivation Licenses: CCL18-0003646 and CCL18-0003645
  3. Lights: 576 Lights & 96 Veg Lights
  4. Grow Rooms: 8 Rooms with miscellaneous additional equipment
  5. Vehicles: 2 Mercedes Benz Sprinter 2500 Cargo Vans, 2005 Chevy Van, 2017 Ford Transit 250 
  6. Accounts Receivable of approximately $2M
  7. Packaging Equipment
    1. Automated Jar Line
    2. Mylar Bag Packer
  8. Trademarks
    1. “THC Design” name
    2. The Molecule Design

 

Asking Price: $8,025,000.00 (Call For Offers JUNE 10TH)

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

Eric Espinoza, DRE CA LIC# 02077927

If you have any questions call Eric (858) 245-6324

Email: broker@glbgroupinc.com

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

Business Details

  • Price: $8,025,000
  • Business Type: Cultivation, Receivership Listings
  • Business Status: For Sale
  • 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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Eric Espinoza, VP
  • Eric Espinoza, VP