Cannabis & Hemp Insurance


Price : 2,000,000
Listing Type : Cultivation/ Production
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (858) 245-6324

If you are looking for a Cannabis Cultivation and Distribution Business in one of the most desired markets of California, this is the business for you !  

Owner has a provisional Distribution license with a 10k SqFt canopy Cultivation. Currently only the Distribution aspect of the business is in operation and the new owner would have to continue the licensing and buildout process for the Cultivation. The Cultivation could fit over 240 lights based on the current layout of the facility. This is a great opportunity for someone that is looking to enhance their statewide Distribution footprint along with being able to grow in the same facility. Included in the Sale will be the Auto Flower packaging machines, a PreRoll production line of labeling machines for PreRoll and Flower Jar labels, walk in cooler, essentially a fully built out layout along with the necessary equipment to produce large scale packaging and shipping. The sale will not include the Brand or the Book of Business, only the licenses and equipment. 

Cannabis Businesses have been labeled as essential businesses back in March, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.

Details: 

  • Space: 14,400 SqFt 
  • Rent: $2.75/SqFt
  • Lease: 10 YR w/ (2) 10 YR Options 
  • Ceiling Height: 20’ 
  • Parking Spots: 20+
  • Employees: 12
  • Lights: Could Fit 240 Lights

Licenses: 

  • Cultivation- 10,000 SqFt Canopy Size
  • Distribution- Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution. A Type 11 licensee shall not hold a license in a cultivation, manufacturing, dispensing, or testing license category and shall not own, or have an ownership interest in, a facility licensed in those categories other than a security interest, lien, or encumbrance on property that is used by a licensee. A Type 11 licensee shall be bonded and insured at a minimum level established by the licensing authority.

Asking Price: $2,000,000.00 (Seller Financing Available)

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric at (858) 245-6324

Or Email : eespinoza@glbgroupinc.com

Contact Listing Owner
Cannabis & Hemp Banking

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