Great opportunity to acquire a Cultivation 20,000 SqFt Canopy License in Los Angeles County. The new owner will have to find a new location and submit a Modification Request in order to move the license to a new location and change entity. This is a pre-revenue opportunity, license only play. The license is a Phase 2 Tier 3 Cultivation license, currently approved for 10,000 sq ft with the ability to modify it to 20,000 sq ft.
Cannabis Businesses have been labeled as essential businesses back in March, 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
Details:
- Phase 2 Tier 3 Cultivation License
- Canopy Size: Approved for 10,000 sq ft with the ability to modify it to 20,000 sq ft.
- New Owner Will Have to Relocate the License within Los Angeles County
- Possible Locations Available
License:
- Cultivation- Medium indoor 20,000 SqFt Canopy Size Adult & Medicinal.
Looking for Funding?
Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.
Asking Price: $749,000.00 (Seller is open to offers)
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.
Green Life Business Group, Inc DRE CA LIC# 02061374
Yesenia Jimenez, DRE LIC CA# 02073168
If you have any questions Call Yesenia at (858) 633-3013
Or Email : asm@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
