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Approved Annual Class 1 Cannabis Cultivation License For Sale (Atlantic County, New Jersey)

Atlantic County, NJ, USA
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Cannabis Businesses For Sale | Cannabis Business Licenses For Sale

Listing ID : 694199

Posted on March 28, 2024 View Count 131

Status :
Price For Sale:
$3,999,999
Facility & Tenant Improvements:
Space: 20 ½ Acres (Cultivation 4 Acres) Room For Expansion Rent: TBD Lease Terms: TBD
NDA Required:
Yes
Company Name:
Green Life Business Group Inc.
Phone:
(858)-220-2185
Email:
gordon@glbgroupinc.com
Description :

A Unique opportunity to acquire an Annual Class 1 Cultivation Cannabis License in New Jersey.  The sale is for the cultivation license and the real estate. If needed the license can be moved to another location. The cultivation license has been approved for use of 5 Acres on the 20 ½ Acre property it sits on. The space is pre zoned for Indoor Cultivation, Manufacturing, Wholesaler, Distributor, and Delivery, adding to its value. The owner has already begun working with the state to begin the site planning for the area. It is located in the middle of the city near residential buildings. The New Jersey  market projections estimating the adult-use market to reach $2 billion by 2026, the potential for lucrative returns is significant. The limited number of issued licenses coupled with the high demand underscores the exclusivity and value of acquiring this cultivation license.

Offering up to 150,000 square feet of canopy space, this license provides ample room for cultivation. Furthermore, the flexibility to begin construction on a clean canvas allows you to create the space that fit your needs. The owner is open to most scenarios in the event the buyer would like to rent the space from them.

This opportunity is ideal for various parties, including entrepreneurs aiming to capitalize on New Jersey’s thriving cannabis market or  multi-state operators seeking to expand their presence. Whether one’s goal is market penetration, diversification, or entry into a rapidly expanding sector, this license serves as a strategic asset.

Details: 

Space: 5 Acres
Room For Expansion
Real Estate Included 

Licenses: 

Class 1 Tier VI Cultivator may cultivate in a mature cannabis plant grow canopy area that is greater than 100,000 square feet, but does not exceed 150,000 square feet. 

Asking Price: $3,999,999.00 (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

Russell Miller, NJ License #1007010

Gordon Sattro, DRE CA LIC #02136011

If you have any questions Call Gordon 858-220-2185 

Email: gordon@glbgroupinc.com 

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

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by Local Broker via the Green Life Business Group National Affiliate Program.

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Green Life Business Group Inc.
License:DRE CA # 02061374

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