Owner has Local & State Approvals for a Fully Operational Cannabis Cultivation and Manufacturing business in the highly desired state of Rhode Island. This is a hybrid Cannabis Cultivation license that allows for a manufacturing business that is currently generating revenue. Although the property is suitable for Manufacturing, solvents cannot be used for extractions. The business is currently operating under a multi-phase expansion plan, which meets the 5,000 SqFt “Class A” license cap. The property stands on a 7,400 SqFt facility, which the owner has put in $600k on the buildouts alone. The company has been operational since 2020 and has excellent freeway access in and out. The facility includes double canopy space, 450 SqFt in Mezzanine, 2,400 SqFt of open space ready for expansion, and 64 flower lights. The current owner has a great long-term lease in place with multiple 3YR options and a monthly rent of $10k/Month. This is a great opportunity for someone who is looking to expand their footprint in the Rhode Island Cannabis Market, while also taking advantage of the very nearby major markets, a multi-state operator or someone who is looking to enter the industry into a full turnkey business.
Asking Price: $1,500,000.00
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.
Jeff Similien, RI License #REBL0018839
Green Life Business Group, Inc DRE CA LIC# 02061374
Elliot Cardenas, DRE LIC CA# 02138336
If you have any questions Call Elliot at (619) 770-2699
Or Email : email@example.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
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