44Listing ID: 83670GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $700,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (858) 245-6324

This is a great opportunity for someone that is looking to enhance their statewide Delivery and Distribution footprint along with being able to do Level 1 Manufacturing in the Bay Area. The licenses are located in Oakland, Alameda County (Population 1.5mil). Facility has brand new laminate flooring, freshly painted walls and security bars installed on all windows. Owner has all proper licensing and approvals in place. The sale will not include the Brand, Book of Business, etc. only the licenses and security 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: 1,400 SqFt
  • Rent: $3,605/Month NNN 
  • Lease: 5 YR w/ 5 YR Option 
  • High Grade Video surveillance system & Alarm system Included
  • Adult Use/Medicinal

Licenses: 

  • Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.
  • Manufacturing Level 1: Mixing oils with terpenes, Pouring prepared oil into carts, Packing vape carts, Packaging concentrates . Any additional activities will require approval before they can be executed. 
  • 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.

Why Delivery? 

Whether you are brand new to the cannabis industry or looking to get in the industry but want the lowest risk, the easiest way to learn the ins & outs of owning a cannabis delivery service is the best way. It is almost the same as running a dispensary storefront but with much less overhead. Many storefronts face external challenges from the cities they operate in, neighbors who complain of the odor or the constant foot traffic that disrupts the neighboring businesses or residences and extremely high rent prices. One of the major benefits of having a Delivery company is that they are not limited to a radius confined to their city or county. Delivery companies can reach customers beyond its city and county through a loophole in state law that permits marijuana deliveries even in cities and counties that have otherwise banned the industry! 

Asking Price: $700,000.00 

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
Related Listings