Rare opportunity to acquire a Cannabis Retail, Cultivation and Nursery business in the State of Maine (Population 1.3M). The Retail is strategically situated in Androscoggin County. It is a white box retail space ~2500 Sq Ft in the prime location of downtown Lewiston. The site was approved by City and Conditional license from the State. The Cultivation business is located just an hour from the retail space in Cumberland County. The Cultivation facility is 11,000 Sq Ft with 5,000 Sq Ft of mature plant canopy spread across four flower rooms and includes an additional 800 Sq Ft of nursery space. There is potential to add a retail license in the existing open space! Equipment includes a subcooled HVAC system and super efficient Phillips LED lights throughout. There is enough power on site to add an additional flower room. The business has unlimited potential, with an option of adding a dispensary license in the existing open space, generating greater value! This is a great opportunity for someone who is looking to expand their footprint in the Maine Market, while also taking advantage of the very nearby major markets, a multi-state operator looking to target a clean canvas or someone who is looking to enter the industry.
According to data from Maine’s Office of Cannabis Policy, nearly $159 million of cannabis products were sold in 2022. That’s compared to nearly $82 million the year before.
Retail Storefront Details:
- License: OCP Approved State Conditional Adult-Use Retail Storefront
- Space: ~2,500 Sq Ft
- Site was approved by the City
- Licenses: Cultivation, Nursery
- Space: 11,000 SqFt (Cultivation)
- 5,000 SqFt (Mature plant canopy that spreads across 4 flower rooms)
- 800 SqFt (Additional Nursery)
- Rent: $30,000/ Month
- Employees: The General Manager is willing to stay on
- Lists of Assets included in the sale:
- HVAC system
- Super efficient Phillips LED lights
- Potential to Add a Retail License!!!
- No Debts or Liabilities!
- Adult Use Retail Store: Purchase adult use marijuana, pre-packaged retail units of marijuana flower and marijuana trim, immature marijuana plants and seedlings from a licensed cultivation facility; Purchase packaged adult use marijuana and adult use marijuana products from a products manufacturing facility; Sell consumable products not containing marijuana, including, but not limited to: soft drinks, candies and baked goods.
- Cultivation License (Tier 3) – Tier 3 licenses are allowed up to 7,000 square feet of plant canopy
Asking Price: $ 4,490,000.00
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
Drew Mathews, DRE CA LIC# 02073168
Eric Espinoza, DRE#02077927
If you have any questions call Drew (619) 653-0483 or Eric (858) 245-6324
Email: email@example.com or firstname.lastname@example.org
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
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