Posted on March 9, 2022 / 228Listing ID: 363684APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance

Unique opportunity to acquire a 10,000 SqFt Cultivation, Manufacturing Type 6, Manufacturing Type 7 & Distribution space in the highly demanded city of Santa Ana. The owner has put in over $1M into the project and getting the business to this stage in the licensing process. The new owner would have to continue the buildout and continue the licensing process in order to become operational and compliant. About 90% of the framing has been completed and the current owners have gone through the power upgrading process with the city of Santa Ana which usually takes about a year to get done and is now completed. The facility has had an inspection done that has approved the mezzanine area and plumbing. The current owners have also reinforced the roof. The facility is strategically located near well known dispensaries and is considered to be a prime location for a new operator. This facility also has a CUP for Manufacturing Type 7 adding a greater value as Manufacturing Type 7 businesses are harder to obtain and high in demand. 

This is a great opportunity for someone who is looking to expand their footprint in the Santa Ana Cannabis 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.

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. 

Details: 

  • Space: 10,000 Sq. Ft. (Total), 8,000 Sq. Ft. Downstairs, 2,000 Sq. Ft. Mezzanine

  • Rent: $16,000

  • Lease Terms: 5 YRS w/ 2 5YR options 

  • Parking Spots : 15-20 Parking Spots

  • Power: 1,200 AMPS

  • 90% of Framing Done

  • Prime Location

  • Fully Gated (Private Gates) 

  • Reinforcement Done On Roof

  • More than $1M invested into project

  • CUP In Place For: Cultivation, Manufacturing Type 6 and 7 and Distribution. 

Licenses:

  • Cultivation: Growing cannabis

  • Manufacturing Type 6: Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).

  • Manufacturing Type 7 Volatile: With a Type 7 you can register your location for shared-use. Non-Volatile: Extraction using a mechanical method or non-volatile solvents such as CO2, ethanol, water, or food-grade dry ice, cooking oils, or butter. Type 7 Manufacturing License allows for all aspects of Cannabis Manufacturing, including Extraction w/ Volatile Solvents, i.e. LPE/BHO; and everything allowed w/ Type 6, Type N, and Type P Manufacturing Licenses.

  • Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.

Asking Price: $699,000.00 

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

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions call Elliot (619) 770-2699   

Email: elliot@glbgroupinc.com

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