Exceptional opportunity to acquire a ~21,000 ft.² indoor licensed cultivation and processing facility, purpose-built and leased in Edmonton, Alberta. The seller holds micro licences, and the buyer has the potential to upgrade to standard licences and expand further. The lease is favorable, and the facility comes fully equipped, all for $500k OBO.

Licenses Held: Micro-Processing, Micro-Cultivation, and Sale for Medical Purposes licences (without possession), AGLC and CRA licence

Asking Price: Seeking outright divestiture of licences, equipment, going-concern business, brand and leased facility for $500k OBO

Overview:

Newly licensed producer with a fully built ~21,000 ft.² two-floor, standalone facility sitting on 2 acres of land just 10 minutes from Edmonton International Airport in Alberta

The standalone building was originally fully built out for manufacturing of cannabis flower (dried and pre-rolls) and edibles under a standard license including all EC and state-of-the-art camera systems and controls. 

Main Floor is comprised of 2x flower rooms, veg room, mother & clone room, transplant room,  drying space, 2x processing room, material storage for destruction room, 3x office spaces, staff room, meeting rooms and reception area, mechanical and electrical room, sanitation and material transfer, shipping and receiving area

Second floor consists of 4x office areas, server room, mezzanine, etc

Site is ready for immediate operation, with the seller securing micro licences approved by Health Canada in May 2024. The buyer has the opportunity to convert to standard licences and operate, as the facility offers ample space for cultivation, processing, and manufacturing activities.

The floorplan of the facility was designed with potential certification for GMP/EU-GMP requirements including required access corridors, airlocked doors and overhead doors, and product transfer/storage areas

Self-funded, currently non-operational and pre-revenue business with no existing debt

Secure and enticing 10-year lease featuring equal monthly payments across two consecutive five-year terms

The facility is ripe for future expansion as there is an additional acre within the site lot that could house an additional 10,000 ft.² cultivation/processing building

Facility comes with a range of fixtures and equipment