This Palm Springs Cannabis Manufacturing Type N (Provisional) and Distribution (Annual) Business, is fully compliant and ready for a new operator to take over. The facility that the licenses are held at is 2,500 SqFt, and the current owner has 2.5 YRs left of the lease and the landlord is open to extending it with the new owner. The current owner has Annual and Provisional licenses in hand from the Department of Cannabis Control, representing a higher value!
There are no debts or liabilities on the license, and the lease is in good standing. The business is operational on a minimal level and advertises on social media, which increases the company’s visibility. Type N businesses have recently seen an increase in demand as a result of the new consumer market that product infusion has been able to open. This is an excellent opportunity for someone looking to expand their footprint or business in the Palm Springs Cannabis Market while also taking advantage of the nearby major markets, or for someone new to the industry!
Cannabis Businesses were labeled as essential businesses back in March of 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
- Space: 2,500 SqFt
- Rent: $5,206/Month
- Lease Terms: 2.5 YRS left (2025)
- License Type: Manufacturing Type N, Distribution
- Parking Spaces: 6
- Employees: 3
- Roll Up Door: Yes
- Marketing: Social Media
- No Debts or Liabilities on the License!
- Manufacturing Type N: Type N manufacturers can: Make cannabis products through infusion, Package and label cannabis. Infusion mixes cannabis extract or plant material with other ingredients to make a cannabis product.
- Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all other cannabis businesses; Manufacturers, Cultivators, Nurseries, Retailers, & Distributors.
Asking Price: $175,000.00 (Seller Open to Offers)
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
Tom Milks, DRE CA LIC# 02064305
If you have any questions call Tom (619) 972-5952
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.